Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn't follow suit.
A Market Watch article notes that Berkshire Hathaway made a large bet on the U.S. housing market, but warns that despite home-builder stocks being inexpensive, timing a rebound in the currently depressed housing market is difficult.
Why it matters — As a major home builder, Lennar (LEN) is directly tied to the sometimes volatile housing market and investor sentiment toward home-builder stocks.