Are Warren Buffett's 3 Cheapest Stocks Screaming Buys?
Berkshire Hathaway CEO and world-renowned superinvestor Warren Buffett is a dyed-in-the-wool value investor. Buffett's core strategy centers around buying shares of companies with remarkably strong underlying businesses (deep competitive moats, global brand recognition, reliable and growing free cash flows, etc.), yet whose shares trade at a discount relative to their intrinsic value.
And this value-oriented approach has certainly served Buffett well during his tenure as Berkshire CEO. Since taking the reins of the diversified holding company 56-plus years ago, Berkshire's stock has delivered total returns on capital in excess of 6,450%. In fact, $10,000 invested in Berkshire stock at the time Buffett become CEO would be worth approximately $654,890 today.
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Source Fool.com
