Investors have long followed Buffett and team's stock picks via a massive portfolio within Berkshire Hathaway. Today, that portfolio spans 46 individual stocks, worth approximately $313 billion as of the latest regulatory filings.

Buffett is a fan of value stocks and dividend stocks, and he loves consumer goods. In fact, the two artificial intelligence (AI) stocks he does own -- Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) -- are both consumer goods giants, and AI can drive further growth for both of them.

Legendary investor Warren Buffett has a way of explaining big ideas in simple terms. And when it comes to insurance, he makes it sound almost too easy. Insurance Looks Simple, But It Isn’t At last year’s Berkshire Hathaway (NYSE:BRK,

Warren Buffett still has a couple months left as Berkshire Hathaway’s chief executive. But there have already been consequences to Berkshire shareholders. Most notably: The conglomerate long loved by

Clearly, collecting more than $1 billion a year on two investments that cost $2.6 billion between them is an income investing success story -- especially if, as Buffett predicted, those income streams are "highly likely" to keep growing.