Warren Buffett is one of the most famous investors of all time. Indeed, the company he runs, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), is more like a mutual fund than a traditional corporation. While he doesn't talk about his investments or his investment approach very often,

Berkshire Hathaway is set for success with defensive strategies, rising profits, and a strong cash position. Read more on BRK.A stock here.

Though prices have come down slightly, housing affordability is still drastically lower than in previous decades. Harvard's Joint Center for Housing Studies found that the median