Berkshire Increases Stake in the Housing Market as the Market Flees! Lennar Becomes a Classic Value Case!
Reading Time: 2 minutes
At Lennar (LEN), we are witnessing precisely what I find exciting about long-term investments. Sentiment is miserable, the stock has fallen sharply, and Berkshire Hathaway is aggressively buying. Lennar is one of the largest homebuilders in the U.S. and focuses primarily on affordable homes for first-time buyers, families, and move-up customers. The business is complemented by Lennar Mortgage, as well as title and closing services. Approximately 94% of revenue comes from home construction. The environment remains tense. The average 30-year U.S....
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