One key principle of long-term investing is letting your winners run. Charlies Munger reiterated this idea in his famous maxim; “The first rule of compounding: Never interrupt it unnecessarily.” This approach works with long-term stocks, especially those with durable competitive advantages.The following long-term stocks are well-positioned to deliver attractive shareholder returns for decades. First, they are on a solid financial footing with robust balance sheets. This stability is essential, especially in ...