E NVR Inc. The Ultimate Homebuilder Stock

Every once and a while Warren Buffett comes out with a one line comment, which clearly summarizes in what direction we are heading. These defining comments are always hard to find as it is like looking for a needle in a haystack, in a farm full of haystacks.  Since I try to read everything I can that comes out about him, I usually catch these defining moments. Last month I was re-reading some Berkshire Hathaway annual reports, when I found this:

“If you are a CEO who has some large, profitable project you are shelving because of short-term worries, call Berkshire. Let us unburden you.” – Warren Buffett -2013

This statement alone signals that the man is “Bullish” right now and that it would be smart to follow him as I did back in 2007 when he started worrying.

“This is sort of an economic Pearl Harbor we’re going through” – Warren Buffett -2008

I was already 100% in cash by this time, but after reading this statement I called everyone I knew at the time and told them to go to cash as well.

Warren Buffett has been ramping up on Main Street for some time now and amazingly he has been buying Real Estate Brokerage businesses as he outlined in a recent Berkshire Hathaway Annual Report.   

BERKSHIRE HATHAWAY INC.

REAL ESTATE BROKERAGE BUSINESSES

Alabama

RealtySouth  

Roberts Brothers Inc.  

Arizona

Long Companies  

California

Guarantee Real Estate  

Prudential California Realty  

Connecticut

Prudential Connecticut Realty  

Florida

EWM REALTORS

Georgia

Harry Norman, REALTORS

Illinois

Koenig & Strey Real Living  

Iowa

Iowa Realty  

Prudential First Realty  

Kentucky

Rector-Hayden REALTORS

Semonin REALTORS

Maryland

Champion Realty Inc.  

Minnesota

Edina Realty Minneapolis

Missouri

Carol Jones REALTORS

Reece & Nichols

Nebraska

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