Warren Buffett has one of the best track records in the investing world, if not the best. But that doesn't mean you can't do better. In the following video, Austin Smith and Jeremy Phillips discuss the fact that Federal Reserve Chairman Ben Bernanke once had only one stock in his portfolio -- dividend rock star Altria(NYSE:MO). Although we don't know how long Bernanke held this position, over the long run Altria has been one of the exceptionally rare stocks whose compound annual growth rate is superior to Warren Buffett's own measure of Berkshire's performance, if only narrowly so.
But this isn't a lesson in putting all your eggs in one basket and praying for Buffett-like performance, instead, it's a lesson in pricing power. Altria has it, as do many of Buffett's best investments. With this in mind, Jeremy and Austin reveal a few companies today that could be the Buffett-beaters of tomorrow.