Berkshire Hathaway's Warren Buffett Bets Big on Housing with Nucor Investment

Berkshire Hathaway, led by Warren Buffett, has disclosed an almost 3% stake in Nucor, a steelmaker that would greatly benefit from a thriving housing and construction market. This investment is part of Berkshire's overall bet on the housing sector, which includes a group of housing-related operating businesses. Buffett has often touted the strength of the U.S. economy over the long term, and this investment could be a no-brainer buy for income and growth investors.