Image source: Getty Images. G A Chester has no position in any of the shares mentioned. The Motley Fool UK has recommended boohoo group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Boohoo (LSE: BOO) shares have fallen 40% in the space of just a month. Warren Buffett has famously advised investors to “be greedy when others are fearful.” So, after the precipitous fall in the Boohoo share price, would he buy, sell, or hold the stock today?On the face of it, the answer seems straightforward. Buy! However, before you jump in with both feet, I think it’s worth considering whether, in Boohoo’s case, some of the great man’s other musings trump his “be greedy” tip.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The Boohoo share price collapseAs recently as 17 June, Boohoo’s shares were trading at a new all-time high price of 415p. As I’m writing they’re trading around 245p.The slump followed a Sunday Times article on 5 July. It reported on an undercover investigation that found workers in Leicester, making clothes destined for Boohoo-owned brand Nasty Gal, were being paid as little as £3.50 an hour.Boohoo claimed to be “shocked and appalled” by the allegations. It announced it was launching an independent review of its UK supply chain, led by Alison Levitt QC. However, further media coverage and probing highlighted how Leicester’s rag trade ‘dark factories’ had been an open secret for years. And the Boohoo share price has remained depressed.Last week, in a report titled ‘Boohoo’s reputation craters after modern slavery allegations’, YouGov published its BrandIndex charts showing the scale of the damage done to the firm’s reputation.Warren Buffett and reputationBuffett puts great store in the reputation of a company and integrity of its managers. Testifying before Congress in 1991, regarding a scandal rocking investment bank Saloman Brothers in which he owned shares, he said: “Lose money for my firm and I will be understanding; lose a shred of reputation for the firm, and I will be ruthless.”Going by this stance, far from being greedy and buying Boohoo stock, Buffett would sell it in a flash. However, if we look a little further, we find his position isn’t quite as clear-cut as he stated it in 1991.Cockroaches in the kitchenBuffett sold his holding in Tesco after a string of damaging issues — including a cooking-the-books scandal — emerged during 2014. His regret was he didn’t sell as quickly as he might have done. He chastened himself, saying: “You see a cockroach in your kitchen; as the days go by, you meet his relatives.”Buffett used the cockroach analogy again in 2016 when a fake-accounts scandal emerged at one of his biggest investments, Wells Fargo. However, in this instance, he held on to his shares. The bank’s name was increasingly dragged through the mud, as more cockroaches appeared. Yet Buffett continued to hold, and retains a substantial stake in the business to this day.Here’s what I’d do about the Boohoo share price. If we avoid cherry-picking from Buffett’s words of wisdom, it seems there’s no clear-cut answer to the question of whether he’d buy, sell, or hold Boohoo shares. Personally, I’m watching the stock until management announces the terms of reference for the QC’s independent review.The terms are due to be announced by the end of the month. How wide or narrow they’re set should give us an idea of how open the company is to having its supply chain investigated. And how serious Boohoo is about resolving any issues discovered. See all posts by G A Chester Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The Boohoo share price. Would Warren Buffett buy, sell, or hold? I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. G A Chester | Monday, 20th July, 2020 | More on: BOO Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.