Warren Buffett's 'Mystery' $1.8 Investment Revealed | Entrepreneur
Briefly

Berkshire Hathaway's recent 13-F filing disclosed significant investments valued at $1.8 billion in homebuilders DR Horton and Lennar, as well as steel producer Nucor. Following the announcement, stocks for Nucor, DR Horton, and Lennar experienced gains. Additionally, Berkshire Hathaway expanded its stake in UnitedHealth, acquiring over five million shares for approximately $1.6 billion. Warren Buffett announced he will step down as CEO by the end of the year but will continue as chairman, with Greg Abel appointed as the new CEO.
Berkshire Hathaway filed a 13-F revealing its investments, which include a $1.8 billion stake in homebuilders DR Horton, Lennar, and steel producer Nucor.
Investors reacted positively to the news, with Nucor rising 6.2%, DR Horton climbing 3.1%, and Lennar increasing by 4.6%.
In addition to these, Berkshire Hathaway acquired over five million shares in UnitedHealth last quarter, valued at about $1.6 billion.
Warren Buffett announced his plans to step down as CEO but will remain as chairman, with Greg Abel set to succeed him.
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