Updated from 7:01 a.m. EDT

Be fearful when others are greedy, and be greedy when others are fearful -- Warren Buffett

Warren Buffett believes that since others are afraid of the stock market, now is the time to start buying stocks. He's even practicing what he preaches, buying stocks for his own account. Since the CEO of Berkshire Hathaway ( BRK.A) is the richest man in the world and since he made his money through investing, maybe we should pay attention.

In particular, we might want to look into which high-yielding stocks he owns. As a matter of fact, the sixth-most-viewed portfolio on Stockpickr is High-Yield Warren Buffett Stocks.

To read more, visit Stockpickr.com.

Stockpickr is a wholly owned subsidiary of TheStreet.com.

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