15 Stocks ChatGPT Predicts Could Make You Wealthy in 10 Years

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8. Berkshire Hathaway Inc. (NYSE:BRK-B)

Number of Hedge Fund Holders: 120

Berkshire Hathaway Inc. (NYSE:BRK-B) is an American multinational conglomerate holding company based in Omaha, Nebraska. Led by the legendary Warren Buffett, it engages in diverse business activities, including insurance, freight rail transportation, utilities, energy, manufacturing, services, and retailing.

Berkshire’s subsidiaries include BNSF, GEICO, International Dairy Queen, and See’s Candies, among others. It also holds major equity stakes in large companies such as Apple, American Express, and Coca-Cola, which has helped Berkshire Hathaway Inc. (NYSE:BRK-B) cement its reputation as a financially robust enterprise.

Buffett’s business acumen has been a cornerstone of the company’s success, reflected again with Berkshire outperforming the broader market in 2024. On November 2, the company announced financial results for the third quarter of fiscal 2024, reporting net earnings of $26.3 billion compared to a loss of $12.8 billion during the same period in 2023, driven by significant investment gains of $16.2 billion.

Operating income for the quarter stood at $10.1 billion, backed by a 48% surge in insurance-investment income from Q3 2023, to reach $3.7 billion. Results were also strengthened by growth in BNSF and Berkshire Hathaway Energy. Moreover, Berkshire Hathaway Inc. (NYSE:BRK-B) repurchased $2.9 billion worth of shares during the first nine months of 2024. It is among the stocks ChatGPT predicts could make you wealthy in 10 years.

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