There's a reason investors call Warren Buffett "the Oracle of Omaha." For decades, Buffett has beaten the market with the investments he's made through his holding company, Berkshire Hathaway. Thankfully, every quarter Buffett and his colleagues at Berkshire have to disclose the company's holdings in a 13-F filing, so the average investor can see where "the Oracle" is putting his money. From his current investments, here are eight stocks we like because they're high quality businesses, built for the long haul, trading at fair prices.

Each of these stocks is not only a large position of Warren Buffett's Berkshire Hathaway, but also an active recommendation of a Motley Fool premium investing service as of 8/31/2016.

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This watchlist consists of equally weighted stocks.