Berkshire Hathaway’s $1 billion homebuilding investment indicates Warren Buffett’s confidence in a future U.S. housing market rebound.

It is understandable that many investors are struggling to imagine the financial world without Buffett. But it is silly to think he has failed to prepare his company for what comes next.

Cathie Wood looks for growth and companies on their way to big profits. Warren Buffett prefers looking for value and consistent profits. The two investors have two stock investments in common.