The Oracle of Omaha is paring down his No. 1 holding, yet again, in favor of a company that's delivered a nearly 48,000% total return since it went public.

Wall Street is full of well-known money managers capable of spotting a good deal. However, none of these fund managers draws the attention of professional and everyday investors quite like Berkshire Hathaway 's ( BRK.A 0.07% ) ( BRK.B -0.07% ) billionaire CEO, Warren Buffett.

The Oracle of Omaha's fame is a direct reflection of his long-term outperformance of the benchmark S&P 500 . Whereas the S&P 500 has delivered a respectable aggregate return, including dividends, of almost 43,000% spanning six decades, Buffett has led his company's Class A shares (BRK.A) to a cumulative return of nearly 5,800,000%!

This nearly 20

See Full Page