Subject: Housebuilders
Warren Buffett's Berkshire Hathaway on Monday unveiled an $814mn investment in three US housebuilders, a bet on a sector that has benefited from dearth of supply.
Berkshire disclosed it had purchased 6mn shares of DR Horton, worth about $726mn at the end of the second quarter, as well as 152,572 shares in Lennar and 11,112 shares of NVR.


It's an investment of a scale typical of the new guys, but buying a slate of firms in an industry is typical of some of Mr Buffett's recent moves. Airlines, Sogo shosha.
If the latter, maybe there will be more purchases.

Jim