Over 25% of Warren Buffett's $300 Billion Portfolio Is Invested in These 4 Tech Stocks. Here's the Best of the Bunch.

Warren Buffet once bet $1 million that a simple S&P 500 index fund would outperform a basket of hedge funds—and he was right!

Since launching a new stake in the U.S. oil producer Occidental Petroleum ( OXY -2.09%), Berkshire has bought the stock like there is no tomorrow. Occidental is the sixth-largest position in Berkshire's portfolio, and Berkshire now owns over 28% of outstanding shares.

As of the third quarter of 2024, Berkshire owned 118,610,534 shares of Chevron, and the company’s annual dividend of $6.52 per share translates to a staggering $773.3 million in dividend income for Buffett’s firm this year.

Investors often turn to Warren Buffett for advice for one good reason: He's proven his ability to navigate any investing waters -- from moments of euphoria to the doldrums -- and win over time. Buffett doesn't rush to buy the hottest stocks as markets soar and doesn't panic-sell during difficult periods.

Warren Buffett has led investment management firm Berkshire Hathaway since 1965. Over the last several decades, Buffett and his close-knit team consistently outperformed the S&P 500 -- turning Berkshire Hathaway into one of the most successful portfolio management firms in history.