Berkshire keeps buying Lennar as the housing slump bites

Berkshire Hathaway bought another 532,993 shares of Lennar (LEN) on September 25, about $44 million at $81.65. The purchase extends a months-long buildup in the second-largest US homebuilder, even as high mortgage rates squeeze buyers. Bryan Lawrence, who holds LEN at 7.4% of his book, sits on the same long side as Buffett's firm.