Buffett's Berkshire invests in Restoration Hardware, whose shares rise

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Buffett's Berkshire invests in Restoration Hardware, whose shares rise
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Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new investm...

), boosting shares of the luxury furniture and home furnishings chain once known as Restoration Hardware.

Berkshire owned about 1.21 million RH shares worth $206.3 million as of Sept. 30, according to a regulatory filing detailing Berkshire’s U.S.-listed stocks as of that date. Shares of companies often rise after Berkshire announces new or increased stakes, reflecting investors’ regard for Buffett and the Omaha, Nebraska-based conglomerate he has run since 1965.

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