In the second quarter, Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) was a net buyer of stocks for the first time in several years. Although the large investment in Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) received the most headlines, there were several other investments Berkshire made that shared a common theme: housing.
To be clear, Berkshire Hathaway CEO Greg Abel hasn't specifically said that he's anticipating a housing recovery. But all the signs point to Berkshire betting big that the near-stagnant housing market in the United States will turn around.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Over the past few months, Berkshire Hathaway has acquired a homebuilder outright and has invested in the stock of two others. Specifically:
Berkshire acquired homebuilder Taylor Morrison for $8.5 billion. The deal closed during the second quarter, adding a top-10 homebuilder to Berkshire's list of subsidiaries.
#hathaway #flashing
To be clear, Berkshire Hathaway CEO Greg Abel hasn't specifically said that he's anticipating a housing recovery. But all the signs point to Berkshire betting big that the near-stagnant housing market in the United States will turn around.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Over the past few months, Berkshire Hathaway has acquired a homebuilder outright and has invested in the stock of two others. Specifically:
Berkshire acquired homebuilder Taylor Morrison for $8.5 billion. The deal closed during the second quarter, adding a top-10 homebuilder to Berkshire's list of subsidiaries.
#hathaway #flashing
19 days ago
