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I found that it was much better to look at the figures rather than people.
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
Better
Look
Looks
Much
Investing
People
Figures
Values
Rather
Found
More quotes by Walter Schloss
Ben was really a contrarian but he didn't use those terms because he was really buying value.
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Ben didn't want to lose money. He had had a rough time during the depression.
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Our average holding period is four years.
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Try to look for weaknesses in your thinking.
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Try not to let your emotions affect your judgement.
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Earnings can change dramatically. Usually assets change slowly.
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I like the idea of company-paid dividends.
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Sell is tough. It's the worst, it's the most difficult thing of all.
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Stockbrokers aren't too interested in a stock you can sit there for five years with.
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Book values have some good and some bad features.
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People don't like to buy things that are going down.
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You know, people tend to like to buy companies that are doing well.
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You never get the high and you never get the low.
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Have a philosophy of investment and try to follow it.
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I don't have a ticker-tape machine in my office.
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We do not spend a great deal of time talking to management.
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Most look at earnings and earnings potential, well I can't get into that game.
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Yes, Warren has done very well.
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Managements, you know, often think of themselves.
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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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