The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street's hype on AI and look for companies that can use its technology as costs come down.
Berkshire's latest purchases were made last Thursday and Friday. Lennar stock fell almost 7% Monday after the publication of a negative report on the company.
Berkshire Hathaway added to its bet on Lennar this week, raising its stake in the homebuilder to 11.2%, although the pace of its buying appears to be slowing.
Warren Buffett once said airlines were a "death trap" for capital, yet Berkshire Hathaway has now returned to the sector in the middle of a fuel shock. In this op ed, Frank Holmes, CEO of U.S.
Warren Buffett is no longer CEO or chairman, but Berkshire Hathaway is still using his playbook. Berkshire has bolstered its stake in homebuilder Lennar to around 11% this quarter, filings show.
Berkshire Hathaway has aggressive plans for the US housing market. By late September 2026, the conglomerate virtually doubled its position in Lennar, accumulating 25.9 million combined shares.