Warren Buffett is arguably the greatest capital allocator ever, as his nearly 60-year track record running Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) clearly demonstrates. Unsurprisingly, the Oracle of Omaha is closely followed even today by investors looking to bolster their portfolios. 

Berkshire's massive $364 billion investment portfolio owns many different businesses. However, I think two of them stand out and should be bought hand over fist by investors. There's also one company that I think should be avoided. 

Let's take a closer look at these Buffett stocks. 

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Source Fool.com