Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn't follow suit.
The article notes that Berkshire Hathaway has made a big bet on the U.S. housing market. It observes that home-builder stocks are cheap but that it is not easy to time a rebound in the depressed housing market.
Why it matters — Owens Corning, as a building-materials company, is directly tied to the housing market, so commentary on the sector's depressed conditions and uncertain rebound timing is relevant to its outlook.