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3 Cheap Financial Stocks to Buy Now and Never Sell

3 Cheap Financial Stocks to Buy Now and Never Sell

Just ask Warren Buffett, who has benefited from making financial stocks a core part of his portfolio for years. Value investors often describe value investing as "buying $100 bills for $80," and over the long run, that is a winning proposition. Book value is the sum of a company's assets minus its liabilities, so price-to-book value is calculated by dividing a company's market value by its book value.