$DHI D.R. Horton Tape Reports
Per Ticker.id: $DHI D.R. Horton Tape Reports — 1 podcast mention across 1 podcast (30 days), latest 2026-08-07 12:51 UTC.
Berkshire's clearly betting that the housing cycle is going to turn. I mentioned that they just paid $8.5 billion to acquire Taylor Morrison, the big home builder. That's on top of already having exposure through both Clayton Homes and their big real estate brokerage, Berkshire Hathaway HomeServices. I also mentioned I can make a good case that Clayton would be worth $25 billion or so as a standalone company. So it's really interesting that Berkshire added to other homebuilding stocks as well during the quarter. D.R. Horton, they have in their portfolio. It's a very small position. I wouldn't even call it a starter position, but Lennar is a significant investment for them, and Berkshire just increased that by 30%. They're really betting that pent-up demand and a general housing shortage in the US is gonna lead to a surge in demand, especially if and when interest rates start to fall. So it's a very hidden gems approach, I would call it. Home builders are cyclically cheap, and Berkshire is definitely going against the crowd here. The most investors see high mortgage rates and poor affordability of housing, not pent-up demand and favorable unit economics of housing. So even after paying a premium for Taylor Morrison, Berkshire still paid a pretty low PE ratio for that company. They're buying the US housing recovery and they're buying misunderstood cyclically cheap leaders. Pretty fair prices right now.
Matt Frankel — Motley Fool Hidden Gems Investing · Berkshire Hathaway Hasn’t Done This in Over 3 Years · 2026-08-17