The following video is part of our daily MarketFoolery podcast, in which host Chris Hill, advisor Joe Magyer, and senior analyst Charly Travers discuss the latest business news. Between Lowe's latest earnings report and Warren Buffett's pronouncements on the housing market, the guys analyze the future of housing, the financial-services industry, and what it really takes for investors to achieve the same results Buffett gets.

Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Berkshire Hathaway, Wells Fargo, and Bank of America. Motley Fool newsletter services have recommended buying shares of Berkshire Hathaway, Lowe's, Sherwin-Williams, and Home Depot and writing covered calls in Lowe's. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.