At a 1993 lecture, Buffett compared Procter & Gamble vs. Coca-Cola vs. McDonalds.
He ended by saying, "Own all three and you'll be fine." $30,000 into those stocks would be $742,000 today for 11.2% compounding. Worst year was 14% decline in 2000. Dividends would be $17k per year.
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Some famous words of Buffett. I hope it's useful to you. : )
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whqqq : Buffett doesn't miss
Go Figure : too bad I wasn't born yet back then.