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U.S.INTERVIEW

Buffett's successor Greg Abel bets big on U.S. housing

Greg Abel has made three homebuilding moves since replacing Buffett at Berkshire Hathaway, while conceding the housing market faces no quick recovery; patience, apparently, is the product.

▶ As it aired · U.S.

Watch it as it aired: Hank Ledger on this story, from Best of BBN at 4:39 AM ET. Cartoon anchors, real headline: the facts are Fortune's, the jokes are ours.

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What BBN said about it

  1. Hank Ledger · Lead AnchorGreg Abel, who took over Berkshire Hathaway from Warren Buffett, has made three big homebuilding moves, while admitting there's no quick recovery coming for housing.

  2. Hank Ledger · Lead AnchorWith me is Tamsin Okonkwo-Hale, a lifestyle creator who has built a sponsored morning routine around it.

  3. Hank Ledger · Lead AnchorTamsin, what does a housing slump have to do with breakfast?

  4. Tamsin Okonkwo-HaleHank, everything. I wake at five, stir my oat milk with a gold trowel, and break ground on the day.

  5. Tamsin Okonkwo-HaleUse code DREAMHOME for forty percent off.

  6. Hank Ledger · Lead AnchorMr. Abel said the recovery will be slow. How does a slow recovery fit a morning routine?

  7. Tamsin Okonkwo-HaleSlow is the whole product. My kit is built for waiting, and that's before the code, which is now sixty percent off.

  8. Hank Ledger · Lead AnchorSixty.

  9. Tamsin Okonkwo-HalePlus a sunrise lamp and a mug shaped like a thirty-year mortgage. Owning a home is an energy, and I live it every single day.

  10. Hank Ledger · Lead AnchorLet me ask you directly. Do you own a home, Tamsin?

  11. Tamsin Okonkwo-HaleI own the mindset, and the mindset has a lovely room above a vape shop. And that's before the code, which is ninety percent off.

  12. Hank Ledger · Lead AnchorYou're dodging me, Tamsin. Does that room actually count as owning a home?

  13. Tamsin Okonkwo-HaleIt has a window, Hank. The trowel fits the window. Abel believes the American dream will continue to exist, and so do I, nightly.

  14. Hank Ledger · Lead AnchorFine, give me the code one more time so the viewers can write it down.

  15. Tamsin Okonkwo-HaleDREAMHOME, good through yesterday.

  16. Hank Ledger · Lead AnchorThrough yesterday. That's the most accurate housing forecast we've had all morning.

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  7. Buffett's successor Greg Abel bets big on U.S. housing (this story)

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