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Price is the most important factor to use in relation to value.
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
Important
Factor
Factors
Investing
Price
Relation
Value
Values
Use
More quotes by Walter Schloss
Try to look for weaknesses in your thinking.
Walter Schloss
Don't sell on bad news.
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Warren is a very good judge of people and he's a very good judge of businesses.
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I find it helpful to buy near the low of the last few years.
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Yes, Warren has done very well.
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Don't be in too much of a hurry to sell.
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Have a philosophy of investment and try to follow it.
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Enjoy your work and have ethical standards.
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Ben was a great believer in buying a diversified group of securities, so that he limited his risk.
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Making a decision to sell is the most difficult thing we do.
Walter Schloss
I helped Ben with the third edition of Security Analysis, published in 1951.
Walter Schloss
By setting up Berkshire Hathaway, Warren has done everything very rationally.
Walter Schloss
Use book value as a starting point to try and establish the value of the enterprise.
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Buy stocks where the outlook is not good.
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Try not to let your emotions affect your judgement.
Walter Schloss
I don't have a ticker-tape machine in my office.
Walter Schloss
Ben was a very simple straightforward man with a brilliant quick mind.
Walter Schloss
We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.
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Look at companies selling at new lows.
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Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.
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