
Stock News•1 months ago
Greg Abel Committed $6.8 Billion to Homebuilders Like Lennar, Increasing Berkshire's Stake by 30%, Even as Mortgage Rates Sit Near 7.5% and Builder Sentiment Hits Multi-Year Lows. Is This Bold Conviction or a Costly Miscalculation?
Berkshire Hathaway, under CEO Greg Abel, raised its homebuilder stake by 30% to $6.8B, including Lennar, even as mortgage rates near 7.5% and builder sentiment hits multi-year lows.













