Warren Buffett says he never tried to make money on the stock market. That might sound a little strange coming from the chairman and chief executive of Berkshire Hathaway (BRK.A) , who according to the Bloomberg Billionaire Index is the world's ninth richest man 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 But we'll let the Oracle of Omaha explain what he means.

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has consistently outperformed the S&P 500 ever since Warren Buffett took full control of the struggling textile maker in 1965. Under Buffett, Berkshire shuttered its textile business and acquired cash-rich insurance companies to fund the expansion of its investment portfolio,

Warren Buffett’s investment strategy has stood the test of time, delivering remarkable returns for decades. Currently, his portfolio includes Visa (V), VeriSign (VRSN), and DaVita (DVA) shares, which reflects his confidence in the long-term growth potential of these companies.