When I last wrote you, I shared a fascinating exchange between two of the richest people in the world…

Amazon‘s (Nasdaq: AMZN) Jeff Bezos took the opportunity to ask Warren Buffett an investing question that he had always wondered about…

“Your investment thesis is so simple. You’re the [one of the] richest guys in the world, and it’s so simple. Why doesn’t everyone just copy you?” asked Bezos.

The Oracle of Omaha replied, “Because nobody wants to get rich slow.”

I also promised to direct you to a sector that offers investors the chance to do this – to “get rich slow.”

This sector isn’t going to double overnight. But I do think many of its stocks could double in two to three years.

And I’m not the only one who thinks so…

The Greatest 30-Year Run in Investing History

One of the best places to find investment ideas is in the portfolios of the world’s greatest investors.

I’m referring to the best of the best – investors who outperformed the market by a wide margin over the long term.

Short-term outperformance can be created by luck. Long-term outperformance over decades is all skill.

Buffett, of course, is one of these “best of the best” investors.

Stanley Druckenmiller is another – and he is an absolute legend.

This man used brainpower to generate some of the most incredible investment results the world has ever seen. Over his hedge fund’s 30-year life span, it generated an annualized rate of return of 30%.

If you had invested $10,000 with Druckenmiller at the launch of his fund, he would have turned it into more than $26 million for you over the next 30 years – without a single down year.

While he has shut down his hedge fund, Druckenmiller is still an active investor. He manages his own billions through an entity called Duquesne Family Office.

Because his portfolio value is in the billions, Druckenmiller is required to publicly reveal what he has bought and sold every quarter.

I wait with bated breath to read those filings every three months…

And Druckenmiller’s most recent filing just revealed that he has been buying American banks. What’s more, he’s in good company…

The 2021 Bank Earnings Comeback

Since early April, I’ve been pounding the table that the big American banks are an excellent long-term investment at current valuations.

Recent second quarter portfolio filings have revealed that in addition to Druckenmiller, legendary money managers like David Tepper and George Soros were buying American banks from April to June.

The case for these banks is simple:

  1. Their balance sheets went into the pandemic in historically strong shape. They can handle the hit that this recession will give them.
  2. At current valuations, these stocks are cheaper than they have ever been. That includes the bottom of the financial crisis, when they had real balance sheet problems.

That means the banks are safe and cheap – the magic combination we are always looking for as investors.

The only problem with investing in the banks today is that you’ll need patience.

These stocks aren’t likely to roar straight up. This is going to be a tough year as they continue to build loan loss provisions.

But as soon as the economy starts improving, banks will no longer need to take these provision charges. Their earnings will skyrocket back to where they were in 2019 before the pandemic.

Rest assured, the stock market will notice…

Most likely, the market will smell the earnings increase coming before it happens. These stocks will start moving higher quickly.

It could happen before the end of this year, or it could take 12 to 18 months.

To make money on this opportunity, all you have to be willing to do…

Is get rich slowly – like Warren Buffett.