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Stockbrokers aren't too interested in a stock you can sit there for five years with.
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
Stock
Investing
Aren
Interested
Five
Values
Years
Stockbrokers
More quotes by Walter Schloss
My first job at Graham-Newman was to prepare the annual report for that 10th year.
Walter Schloss
When you buy a depressed company it's not going to go up right after you buy it, believe me.
Walter Schloss
People don't like to buy things that are going down.
Walter Schloss
Remember that a share of stock represents a part of a business and is not just a piece of paper.
Walter Schloss
If you are honest, hardworking, reasonably intelligent and have good common sense, you can do well in the investment field as long as you are not too greedy and don't get too emotional when things go against you.
Walter Schloss
If the stock goes down we want to buy more.
Walter Schloss
Yes, Warren has done very well.
Walter Schloss
I find it helpful to buy near the low of the last few years.
Walter Schloss
Buy stocks where the outlook is not good.
Walter Schloss
Warren is a very good judge of people and he's a very good judge of businesses.
Walter Schloss
Book values have some good and some bad features.
Walter Schloss
You have to have patience in this field.
Walter Schloss
Ben was a great believer in buying a diversified group of securities, so that he limited his risk.
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.
Walter Schloss
We get a feeling, if we can, about what we think the company is worth.
Walter Schloss
Making a decision to sell is the most difficult thing we do.
Walter Schloss
Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.
Walter Schloss
Our average holding period is four years.
Walter Schloss
When I buy a stock, I have kind of an idea where I want to sell it.
Walter Schloss