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We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.

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
Stocks
Guts
Investing
Values
Feel
Feels
Like
Undervalued

More quotes by Walter Schloss

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You know, people tend to like to buy companies that are doing well.
Walter Schloss
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We don't put the same amount of money in each stock.
Walter Schloss
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Stockbrokers aren't too interested in a stock you can sit there for five years with.
Walter Schloss
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Be aware of the level of the stock market. Are yields low and PE ratios high?
Walter Schloss
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Fear and greed tend to affect one's judgement.
Walter Schloss
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I don't have a ticker-tape machine in my office.
Walter Schloss
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Try not to let your emotions affect your judgement.
Walter Schloss
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Look at companies selling at new lows.
Walter Schloss
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I agree with Warren to keep it simple and not use higher mathematics in your analysis.
Walter Schloss
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Don't buy on tips or for a quick move.
Walter Schloss
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Our average holding period is four years.
Walter Schloss
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The market is a very emotional place that appeals to fear and greed.
Walter Schloss
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I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.
Walter Schloss
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Don't be in too much of a hurry to sell.
Walter Schloss
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Ben was really a contrarian but he didn't use those terms because he was really buying value.
Walter Schloss
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I find it helpful to buy near the low of the last few years.
Walter Schloss
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I'm a passive investor. There are people who are very aggressive they try to buy companies.
Walter Schloss
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I helped Ben with the third edition of Security Analysis, published in 1951.
Walter Schloss
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Book values have some good and some bad features.
Walter Schloss
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Remember that a share of stock represents a part of a business and is not just a piece of paper.
Walter Schloss