Warren Buffett has steered the Berkshire Hathaway investment portfolio to market-beating returns for over 50 years, and he has done so with a relatively simple strategy. 

He primarily invests in profitable companies with steady growth, especially if they have good management teams at the helm. But most importantly, Buffett lets time do the heavy lifting by often holding stocks for decades. 

Most technology stocks don't fit Berkshire Hathaway's strategy, but the conglomerate holds a handful of quality names in the sector. Buffett has certainly never invested in a company due to its presence in the emerging artificial intelligence (AI) space -- in fact, his right-hand man, Charlie Munger, recently said AI is overhyped!

Continue reading

Source Fool.com