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Buy stocks where the outlook is not good.
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
Good
Stocks
Outlook
Investing
More quotes by Walter Schloss
Don't sell on bad news.
Walter Schloss
Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.
Walter Schloss
When I buy a stock, I have kind of an idea where I want to sell it.
Walter Schloss
Managements, you know, often think of themselves.
Walter Schloss
Try not to let your emotions affect your judgement.
Walter Schloss
Try to buy assets at a discount than to buy earnings.
Walter Schloss
Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.
Walter Schloss
Yes, Warren has done very well.
Walter Schloss
Warren is a very good judge of people and he's a very good judge of businesses.
Walter Schloss
Earnings can change dramatically. Usually assets change slowly.
Walter Schloss
Ben was a very simple straightforward man with a brilliant quick mind.
Walter Schloss
Ben was really a contrarian but he didn't use those terms because he was really buying value.
Walter Schloss
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
When you buy a depressed company it's not going to go up right after you buy it, believe me.
Walter Schloss
Don't buy on tips or for a quick move.
Walter Schloss
Timidity prompted by past failures causes investors to miss the most important bull markets.
Walter Schloss
Sell is tough. It's the worst, it's the most difficult thing of all.
Walter Schloss
Look at companies selling at new lows.
Walter Schloss
Ben's emphasis was on protecting his expectation of profit with minimum risk.
Walter Schloss
One of the tricks of this business is, keep your losses down.
Walter Schloss