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United Parcel Service: Buying Shares While It Is On The 'Operating Table'
UPSUPS(UPS) Seeking Alpha·2024-06-12 01:10
code6d/iStock Unreleased via Getty Images The best thing that happens to us is when a great company gets into temporary trouble... We want to buy them when they're on the operating table. - Warren Buffett Some of Warren Buffett's best investments were made when companies with strong competitive moats got into temporary trouble. Perhaps the best-known example is American Express (AXP) which lost significant money in the "salad oil" swindle. Still, Buffett realized that American Express would probably rec ...