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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: mungofitch ✹🐝🐝🐝🐝 SILVER
SHREWD   😊 😞
Number: of 15062 
Subject: Housebuilders
Date: 08/14/2023 7:25 PM
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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
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