Granted, Domino's isn't exactly cheap, even with its recent decline. The stock trades at a forward earnings multiple of 25.5. Ordinarily, such a high valuation might cause Buffett to look elsewhere. However, the legendary investor has been willing in the past to pay more for a high-quality business with solid growth prospects.

Is dividend investing really the key to financial freedom, or is it a wealth-destroying myth? In this video, we break down why Warren Buffett and other top investors argue that dividends may not be as great as they seem.