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Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, reports that Berkshire Hathaway is set to acquire homebuilder Taylor Morrison for $6.8 billion.
Following this deal, Berkshire Hathaway is left with $390 billion in cash reserves.
Roussin has recently highlighted stock picks in his investing community, noting accumulation of HOOD, SOFI, and NOW shares in the community portfolio. He also reported on ZS’s quarterly results, citing strong earnings and revenue alongside a weaker-than-expected Q2 revenue forecast in recent coverage. The latest Berkshire Hathaway deal adds to a series of high-profile investment updates from Roussin.