Warren Buffett's mentor, Benjamin Graham, literally wrote the book on value investing. Although Buffett doesn't strictly adhere to all of the lessons that Graham taught, he remains a value investor at heart.
To be sure, Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns stakes in several companies that many investors would view as expensive. But a few of Berkshire's holdings definitely stand out for their bargain valuations. Here are three Buffett stocks that are dirt cheap right now.
Buffett first bought shares of General Motors (NYSE: GM) for Berkshire back in 2012. The bet on the big carmaker hasn't paid off very well. GM's stock performance has lagged well behind the S&P 500 over the past decade. However, Berkshire's position has grown to a 4.3% stake in the company.
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3 Warren Buffett Stocks That Are Dirt Cheap: Are They Buys?