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This Mini Berkshire Hathaway Flies Under the Radar. And Its Stock Is Cheap.

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The Graham family has had ties to Warren Buffett for more than four decades. Graham Holdings, the family’s conglomerate, amounts to a small-scale version of Buffett’s Berkshire Hathaway, with a large group of unrelated businesses and a strong balance sheet.

Graham Holdings (ticker: GHC) was known as the Washington Post Co. until it sold the flagship newspaper to Jeff Bezos for $250 million in 2013. Despite its prominent heritage, Graham is little-followed by Wall Street.

“You…

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