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This Baby Berkshire Might Be the Cheapest Stock in America Right Now

TheMotleyFool

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This Baby Berkshire Might Be the Cheapest Stock in America Right Now: https://g.foolcdn.com/editorial/images/721848/fingers-on-chin-looking-up-thinking-considering-wondering.jpg

Many companies have tried to copy the conglomerate model run by Warren Buffett at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Few have succeeded. It is extremely difficult to beat the market consistently over multiple decades the way Berkshire has. The stocks that succeed at it can create life-changing returns for shareholders.

IAC (NASDAQ: IAC) is one such select company that started its spree of acquisitions 25 years ago. The stock also happens to be a great buy-and-hold opportunity today for investors looking to safely build their wealth over the long term.

IAC is a true "Baby Berkshire." Here's why -- after seeing its stock fall 50% over the past year -- it might be the cheapest stock in America.

Source Fool.com

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