Berkshire Hathaway’s $1 billion homebuilding investment indicates Warren Buffett’s confidence in a future U.S. housing market rebound.

Key Points. Berkshire Hathaway stock is down since the start of the second quarter, but there’s more to the story. Berkshire’s operating businesses are doing quite well, altho

The billionaire’s Berkshire Hathaway investment group has firmly outpaced the S&P 500 over the past five years, and has delivered staggering returns since he began converting it from a textile company into an acquisition machine in the mid-1960s.