[How Warren Buffett Made $53 Billion from Trading](https://web.archive.org/web/20140209052302/http://legacyforex.com/how-warren-buffett-made-53-billion-from-trading/):

> 
> Buffett knows that a remarkable surge in Coca Cola or the Washington
> Post is unlikely, but he also knows that steady growth in these
> companies is a good bet, so **with capital acquired from what the
> industry calls “cake and underwear” stocks, Buffett is able to invest
> carefully in riskier ventures** without losing the farm, so to speak.
> 
> 
> 

What are people referring to when they say "cake and underwear" stocks?

Why is it called "cake and underwear"?