Fire is hot. Ice is cold. Water is wet. Some statements are so self-evident they don't need to be made. However, I'll add one more to the list: Warren Buffett knows how to make money.

Buffett's net worth currently stands at nearly $138 billion. He amassed this fortune by buying businesses (notably including Berkshire Hathaway) and investing in stocks. But Buffett has also bought some exchange-traded funds (ETFs) along the way.

Could you rack up hefty profits by investing in ETFs that Buffett likes? Yep. Here's how much money you'd have now if you invested $10,000 in Buffett's favorite ETF 10 years ago.

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Source Fool.com