Buffett invests into homebuilders in Q2 - should we follow?
@KYHBKO：
This news broke in Aug 2023 when Berkshire’s recent investments into a few homebuilders in the USA. Berkshire invested $814M in US homebuilders Extract from the news article dated 15 Aug 2023: Warren Buffett’s Berkshire Hathaway disclosed $814 million in investments across three home builders this week, the Financial Times reported. The move from the world’s most famous investor reflects how builders are capitalizing on this moment of limited supply, even as higher mortgage rates have cast a chill on home sales.Buffett’s biggest focus was on D.R. Horton. Berkshire purchased six million shares in the company, worth roughly $726 million at the end of the second quarter. The investment made Berkshire one of D.R. Horton’s 10 largest shareholders, as it holds 1.8 percent of its stock.Berkshir