Warren Buffett’s company reveals new investments in Nucor, homebuilders Lennar and DR Horton
By JOSH FUNK
OMAHA, Neb. (AP) — Berkshire Hathaway revealed three new investments Thursday in steelmaker Nucor and two of the nation’s biggest homebuilders — Lennar and DR Horton — but none of the investments are big enough to ensure that legendary investor Warren Buffett handled them.
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Buffett, who plans to retire as CEO at the end of the year after six decades of building Berkshire, handles all of the conglomerate’s biggest investments worth $1 billion or more. All three of these new investments disclosed Thursday in a filing with the Securities and Exchange Commission are worth less than that, so they could be the ideas of one of Berkshire’s two other investment managers.