Since becoming CEO in 1965, he's overseen the creation of nearly $650 billion in value for his shareholders (himself included), and delivered a better than 3,600,000% total return on his company's Class A shares (BRK.A).

It's why everyone from Wall Street professionals to everyday investors waits on the edge of their seats to find out what the Oracle of Omaha has been buying, selling, and holding.

The first Buffett stock with the ability to generate a 233% return for patient shareholders over the coming eight years is FAANG stock Amazon (NASDAQ: AMZN).

Even though Amazon sports one of the largest market caps on Wall Street, a $4.5 trillion valuation by the end of the decade is perfectly reasonable given the company's expected growth in operating cash flow.

What follows are four Warren Buffett stocks that have the brand power and innovative capacity to turn an initial investment of $300,000 into $1 million by 2030.

The third and fourth Warren Buffett stocks that can turn respective $300,000 initial investments into $1 million by 2030 are payment processors Visa (NYSE: V) and Mastercard (NYSE: MA). If you've wondering why I'm discussing both companies together, it's because their operating models and catalysts throughout the decade are virtually identical.

The second Warren Buffett stock with the brand power and innovation to turn a $300,000 investment into a cool $1 million by the turn of the decade is Detroit-based automaker General Motors (NYSE: GM).

Auto stocks are facing a veritable mountain of headwinds at the moment. They're contending with general parts and semiconductor chip-supply shortages, which have caused certain production lines to be pared back or shut down for short periods

When virtually anyone hears the Amazon name, they instantly think of its industry-leading online marketplace. According to estimates from eMarketer, Amazon is on track to bring in about $0.40 of every $1 in online retail spending in the U.S. this year.