Jason Simpkins of Money Morning gives us a look of what stocks Warren Buffett is buying into this year. He says that “Buffett didn’t fare much better than anybody else in 2008. But the Oracle of Omaha remains optimistic, convinced that investors who brave today’s fierce financial tempest will be rewarded in the long run.”

Investing icon Warren Buffett took his own advice Tuesday – getting “greedy when others are fearful” – when he ignored the banking-sector bonfire and slapped down a cool $5 billion for a stake in Goldman Sachs Group Inc. (GS). By literally putting his money where his mouth is, Buffett’s actions – and reputation as a shrewd bargain hunter – restored some of Goldman’s luster and helped bolster investor confidence in the U.S. banking system.

With the stock market in turmoil, it’s a good time to check in on what Warren Buffett is doing with his portfolio. Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A, BRK.B) has struggled in the first half of the year. Money Morning’s Jason Simpkins says $3.5 billion of Berkshire’s recent $4-billion shopping spree is still unaccounted for…