Investors listen to Warren Buffett because of his long-term ability to beat the S&P 500. Between 1965 and 2021, a 56-year timeframe, his Berkshire Hathaway portfolio has logged average returns of 20.1%.

Berkshire has also beat the indexes in 2022, with Berkshire stock falling 6% since January versus almost 20% for the S&P 500. Given this performance, Apple (NASDAQ: AAPL) and Chevron (NYSE: CVX) are two Warren Buffett investments that deserve particular attention.

Considering Berkshire's massive position in Apple, one might struggle to discuss Buffett's current success without mentioning the tech giant. At more than 915 million shares, Apple claims more than 41% of Berkshire's entire portfolio, a position that appears to counter a wise diversification strategy. Moreover, with over $179 billion in liquidity supporting its balance sheet, Apple offers a measure of safety that lessens the risk of that massive position.

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Source Fool.com