✉news BusinessReal Estate first seen 12 h ago, last 23 min ago, peak #1
Warren Buffett's successor takes 11% stake in Lennar
Original: Warren Buffett's successor makes third big housing market bet this year—now owning around 11% of Lennar
Greg Abel, the executive set to succeed Warren Buffett at Berkshire Hathaway, has made his third major housing bet this year, with the stake in homebuilder Lennar now around 11%. The move signals conviction in US homebuilders despite high mortgage rates and affordability pressures, and is drawing attention as investors watch whether Abel shifts Berkshire's investment style before formally taking over.
Why now: Investors are watching how Buffett's incoming successor is reshaping Berkshire Hathaway's portfolio with aggressive bets on US housing.
Greg AbelWarren BuffettBerkshire HathawayLennar
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