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Berkshire keeps buying Lennar shares even as the stock sinks below what it paid, a short seller questions the company's reported deliveries, and Greg Abel himself admits he sees no quick recovery in housing. That raises a question worth answering.
Berkshire Hathaway (BRK.A, BRK.B) acquired additional Lennar (LEN) shares in a series of transaction
Lennar trades at 0.83x book, well below peers, with Berkshire Hathaway now owning about 12% after significant recent purchases. Learn more about LEN stock here.