Warren Buffett and a handful of other investors have found the way to make money in the S&P 500, an article in Investor’s Business Daily posits. As the top holders of the 10 S&P 500 companies that are actually doing extremely well this year, such as Exxon Mobil, Bank of America, and Buffett’s own Berkshire Hathaway, they have had a winning streak as those companies have generated more than $322 billion in wealth this year.

Higher inflation rates are dragging tech stocks down (all four FANGs are down this year), and small stocks along with crypto are plummeting. More than 2/3rds of S&P 500 companies are down, and not by a little: the average decline is more than 11%. But investors like Buffett are avoiding the pain by leaning into large, reliable bets such as Bank of America, where Berkshire Hathaway holds the largest amount of shares with a 12.5% stake, and American Express, where they hold a huge 20% position. Bank of America is up almost 8% and American Express more than 17% this year.

For now, the article advises, skip ESG. Currently, investors seemed more concerned with big dividend yields than clean energy and its societal benefits. The price of oil is spiking, and Exxon Mobil is up more than $80 billion this year—a bigger jump than any S&P 500 company. Investors in Vanguard, which has an 8.3% stake in Exxon, are profiting mightily. And Capital Research, with their 16% stake in EOG, whose shares are up nearly 30% this year, has poured $15 billion into their investors’ portfolios.

So while it’s a tough market, and timing is vital, there are still opportunities to make money, the article concludes.