Among Warren Buffett’s (Berkshire Hathaway) latest acquisitions from the stock market has been a company called Pool Corporation (POOL), which manufactures swimming pool supplies and equipment as well as related leisure products. Is the old fox sniffing out a home renovation boom in the USA, or what’s going on? The matter is discussed in the article (see below). In any case, Buffett’s latest purchase is already getting close to Harvia, and somehow it feels like we Harvia owners are fishing in the same waters 
One of Berkshire’s two new acquisitions during the quarter was Pool Corp. (NASDAQ: POOL), which manufactures swimming pool supplies and equipment as well as related leisure products. (The other was Domino’s Pizza). Buffett does not explain his company’s stock purchases, but observers know what kind of companies he favors.
He looks for companies with sustainable competitive advantages, a straightforward business model, and an attractive valuation. Pool Corp. is the largest wholesale distributor of swimming pool supplies, which gives it an advantage in an industry where scale and customer proximity are important. It also operates in the attractive growth market for building materials.
Berkshire bought 404,057 shares of Pool Corp. during the quarter, valued at $152.2 million by the end of the third quarter. It is a small part of Berkshire’s portfolio, just 0.06%, but it is a sign of continued turnover in the home renovation sector after it acquired shares in Louisiana-Pacific, a leading building materials manufacturer, as well as homebuilders NVR and Lennar in recent years.