Why I’d follow Warren Buffett and buy cheap shares today

Many of today’s cheap shares could hold appeal for investors such as Warren Buffett. His focus on achieving a discount to a company’s intrinsic value when purchasing shares could provide scope for capital appreciation over the long run.

With many other mainstream assets such as bonds and cash offering low returns at the present time, undervalued stocks may prove to be a profitable long-term investment.

Weak investor sentiment towards today’s cheap shares

Despite the stock market’s rebound since its March lows, many cheap shares are currently available to buy. Investors have a downbeat view of a number of sectors that face challenging operating conditions in the short run.

Where companies within those sectors have solid…