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Sell is tough. It's the worst, it's the most difficult thing of all.

Walter Schloss

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Walter Schloss
Age: 95 †
Born: 1916
Born: August 28
Died: 2012
Died: February 19
Businessperson
Investor
New York City
New York
Walter Jerome Schloss
Investing
Sell
Sells
Tough
Worst
Values
Difficult
Thing

More quotes by Walter Schloss

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A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?
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You never really know a stock until you own it.
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I don't have a ticker-tape machine in my office.
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Stockbrokers aren't too interested in a stock you can sit there for five years with.
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You have to have confidence in what you're doing.
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Be sure that debt does not exceed 100% of the equity.
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Some kinds of stocks are easier to analyse than others.
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If the stock goes down we want to buy more.
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Try to buy assets at a discount than to buy earnings.
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You have to be a little aware of the emotions of the people who have invested with you.
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You know, people tend to like to buy companies that are doing well.
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When I buy a stock, I have kind of an idea where I want to sell it.
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We don't put the same amount of money in each stock.
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We get a feeling, if we can, about what we think the company is worth.
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Don't buy on tips or for a quick move.
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I find it helpful to buy near the low of the last few years.
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Managements, you know, often think of themselves.
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People don't like to buy things that are going down.
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If you are honest, hardworking, reasonably intelligent and have good common sense, you can do well in the investment field as long as you are not too greedy and don't get too emotional when things go against you.
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I tried to follow Ben Graham's ideas.
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