Buffett is finding more value in today's market, but this one stands out as an exceptional bargain.
Warren Buffett is widely considered one of the greatest investors of all time. And there's a good reason for that. He's produced phenomenal results for his investors in his nearly 70-year career as an investment manager.
His Buffett Limited Partnership compounded its capital at an annualized rate of 31.6% between 1956 and 1968. Since taking over Berkshire Hathaway ( BRK.A -0.68% ) ( BRK.B -0.65% ) in the middle of 1965, he's grown the value of its shares at nearly 20% per year.
So, when Buffett buys a new stock, the entire investing world pays attention. That said, Buffett hasn't seen a lot of opportunities to get excited about over the last few years. Berkshire Hathaway