Author: Sean Williams, The Motley Fool

Berkshire Hathaway should bring in more than $6 billion in dividend income over the next 12 months. The vast majority will come from these five stocks.

A modest amount of money can go a long way when it’s put to work in industry-leading businesses.

Berkshire Hathaway’s latest 13F, which was released after the closing bell this past Monday, showed that he and his team opened new positions in a trio of homebuilders, as well as pared down their stakes in a couple of key holdings. That said, Buffett strongly believes in concentrating Berkshire’s portfolio into a handful of top investment ideas…

It’s been nothing short of a slam-dunk investment for the bulls through the first seven months and change of 2023.

A modest amount of money can go a long way when it’s invested in time-tested businesses with sustained competitive advantages.