Value, growth at reasonable price, small-cap, long-term horizon

Matson: A 'Best-In-Class' Shipping Company Is Attractive After A Recent Pullback

On the Water

One of the most difficult things about investing is the competition. Exceptional companies are often well known, reducing or eliminating the chance that they can be purchased at a fair or even bargain price that affords investors an acceptable margin of safety. For investors seeking to purchase businesses that fit Warren Buffett's conception of "Good businesses at fair prices," patience is the cardinal virtue.

Early in his career, Buffett invested heavily American Express after a small subsidiary of the company became involved in the "salad-oil scandal" and caused it's parent enormous losses. While this is a fascinating episode in corporate history, it is best explained elsewhere. Buffett reasoned that the core businesses of American Express and their...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details