Berkshire Benefits as Buffett Wagers on U.S. Housing Over
Europe

Berkshire Benefits as Buffett Wagers on U.S. Housing Over Europe

Andrew Harrer/Bloomberg

Chairman Warren Buffett added to Berkshire Hathaway Inc.'s holdings of Wells Fargo & Co., the largest U.S. home lender, bought an Alabama-based brickmaker and bid on mortgage assets of bankrupt Residential Capital LLC as he bets on a rebound in housing in the world’s largest economy.