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If the market is so cheap, you want to get something with a little more zip in it, or potential.

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
Little
Something
Zips
Cheap
Investing
Potential
Market
Values
Littles

More quotes by Walter Schloss

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Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.
Walter Schloss
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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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You have to be a little aware of the emotions of the people who have invested with you.
Walter Schloss
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Make sure you have the courage to stay true to your convictions and not let the market affect your emotions.
Walter Schloss
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Don't buy on tips or for a quick move.
Walter Schloss
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Ben was a great believer in buying a diversified group of securities, so that he limited his risk.
Walter Schloss
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Use book value as a starting point to try and establish the value of the enterprise.
Walter Schloss
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People don't like to buy things that are going down.
Walter Schloss
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Ben didn't want to lose money. He had had a rough time during the depression.
Walter Schloss
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By setting up Berkshire Hathaway, Warren has done everything very rationally.
Walter Schloss
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Try to buy assets at a discount than to buy earnings.
Walter Schloss
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We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.
Walter Schloss
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I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.
Walter Schloss
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Don't be afraid to be a loner but be sure that you are correct in your judgement.
Walter Schloss
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Have patience. Stocks don't go up immediately.
Walter Schloss
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We do not spend a great deal of time talking to management.
Walter Schloss
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Basically, we try to buy value expressed in the differential between its price and what we think its worth.
Walter Schloss
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My first job at Graham-Newman was to prepare the annual report for that 10th year.
Walter Schloss
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Book values have some good and some bad features.
Walter Schloss
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Our average holding period is four years.
Walter Schloss