Author: Adam Levy, The Motley Fool

He’s added hundreds of billions to this position during the last few years — a position that’s approaching 50% of the company’s entire investment portfolio.

Buffett has consistently bought shares for the past six years.

t doesn’t take an investing genius to build a portfolio that produces tens of thousands of dollars in dividends each year.

It’s a strategy Warren Buffett famously bet half a million dollars on with the expectation it could beat any hedge fund manager over 10 years.

He keeps adding to its position, and it’s now the sixth-largest in Berkshire Hathaway’s portfolio.