As you’re probably aware, there are two sides to the conglomerate Berkshire Hathaway (BRK.A) , which is led by investment icon Warren Buffett. One side consists of private companies, such as Geico insurance and See’s Candies.

Zaven Boyrazian highlights Warren Buffett’s largest five stock positions, making up almost 75% of the legendary investor’s portfolio.

Buffett doesn't mind sharing his investment philosophy, and comments regularly about his commitment to quality companies over the long term and his general belief in these companies -- through both bull markets and bear markets.

I think. I bought my first stock when I was 11 years old. It was the first quarter of 1942. I spent $114.75. We three shares, 114.75. If I put that 114 into the S&P 500 at that time and reinvested the dividends,

Warren Buffett has never claimed to be able to predict what the stock market would do over the near term. In a 2008 op-ed for The New York Times, he wrote, "I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month, or a year, from now."