New research has shown that Warren Buffett's Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) has crushed the market and other fund managers by an unearthly margin. Using Berkshire's insurance "float," Buffett is able to buy large companies like ExxonMobil (NYSE:XOM) and ride them for long-term gains. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss Buffett's strategy.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Berkshire Hathaway. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.