Hi,
Mr. Warren Buffett wrote in the Letter to Berkshire Hathaway shareholders in 1988 saying that "Our favorites holding period is forever." Mr. Buffett had been holding stock of American Express Co., Coca-Cola Company, The Washington Post Company, and Wells Fargo & Company And Gillette long ago and had been holding them for a long time.
There are some of the good business describe by him and these stock had not been sold since he bought them. They have rise in value from millions to billions. Buffett said: "If a business does well, the stock eventually follows.” those business will still do well in the future and I believe that the value of the stocks will continue to rise.
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