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My job was to find stocks that were undervalued.

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
Values
Jobs
Find
Undervalued
Stocks
Investing

More quotes by Walter Schloss

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I liked the results of the profits in the markets.
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Ben was a very simple straightforward man with a brilliant quick mind.
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Our average holding period is four years.
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One of the tricks of this business is, keep your losses down.
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I'm not very good on timing. In fact, I've stayed away from 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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Managements, you know, often think of themselves.
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This is a business. Like any other business.
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Try to establish the value of a company.
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I have been around a long time and Wall Street has changed a lot.
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Devise a simple strategy so you can sleep at night.
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You never really know a stock until you own it.
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Use book value as a starting point to try and establish the value of the enterprise.
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Don't sell on bad news.
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You have to have confidence in what you're doing.
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Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.
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If the market is so cheap, you want to get something with a little more zip in it, or potential.
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Don't be in too much of a hurry to sell.
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We get a feeling, if we can, about what we think the company is worth.
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