Domino's also pays a modest dividend that yields 1.3%, which is in line with the S&P 500 average. Buffett likes dividend stocks and the ability to collect a reliable payout, which may be a bit ironic given that Berkshire itself doesn't pay a dividend to its shareholders.

Among Berkshire Hathaway’s largest holdings is a financial information-services company. The sector’s results speak for themselves.

Warren Buffett and Charlie Munger made a slew of successful investments, but one not only stands out among the rest, it enabled their other successes.