Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

Walter Schloss
Age: 95 †
Born: 1916
Born: August 28
Died: 2012
Died: February 19
Businessperson
Investor
New York City
New York
Walter Jerome Schloss
Undervalued
Stocks
Guts
Investing
Values
Feel
Feels
Like

More quotes by Walter Schloss

Image
Try not to let your emotions affect your judgement.
Walter Schloss
Image
If the market were way over priced, I wouldn't own any stocks.
Walter Schloss
Image
Making a decision to sell is the most difficult thing we do.
Walter Schloss
Image
When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!
Walter Schloss
Image
One of the tricks of this business is, keep your losses down.
Walter Schloss
Image
If there are not too many value stocks that I can find, the market isn't all that cheap.
Walter Schloss
Image
Earnings can change dramatically. Usually assets change slowly.
Walter Schloss
Image
We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.
Walter Schloss
Image
We get a feeling, if we can, about what we think the company is worth.
Walter Schloss
Image
We do not spend a great deal of time talking to management.
Walter Schloss
Image
My job was to find stocks that were undervalued.
Walter Schloss
Image
Timidity prompted by past failures causes investors to miss the most important bull markets.
Walter Schloss
Image
Managements, you know, often think of themselves.
Walter Schloss
Image
If the market is so cheap, you want to get something with a little more zip in it, or potential.
Walter Schloss
Image
Look for companies that do not have a lot of debt.
Walter Schloss
Image
You never really know a stock until you own it.
Walter Schloss
Image
Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.
Walter Schloss
Image
Price is the most important factor to use in relation to value.
Walter Schloss
Image
You have to have patience in this field.
Walter Schloss
Image
By setting up Berkshire Hathaway, Warren has done everything very rationally.
Walter Schloss