74% of This Warren Buffett-Controlled Portfolio Is Invested in 1 High-Growth Stock and 1 Ultra-Safe Asset

Warren Buffett and his company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) are widely known as some of the greatest investors of all time, with a strong track record for beating the broader market. Buffett has also been known to say that he's not the biggest fan of diversification because he believes it's a protection against ignorance.

The team at Berkshire Hathaway certainly practices what Buffett preaches and keeps its nearly $324 billion equities portfolio heavily concentrated in just a handful of assets. In fact, roughly 74% Berkshire's portfolio is invested in one high-growth stock and one ultra-safe asset.

If you follow Berkshire and Buffett, then it will come as no surprise to hear that the consumer tech giant Apple (NASDAQ: AAPL) is the largest stock in Berkshire's equities portfolio, currently accounting for more than 41%. Berkshire first bought Apple in 2016 and now owns over 911.3 million shares valued at more than $133.7 billion.

Source Fool.com