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Remember that a share of stock represents a part of a business and is not just a piece of paper.
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
Remember
Investing
Piece
Paper
Pieces
Share
Values
Business
Represents
Part
Stock
More quotes by Walter Schloss
I liked the results of the profits in the markets.
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Don't be afraid to be a loner but be sure that you are correct in your judgement.
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Book values have some good and some bad features.
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I don't have a ticker-tape machine in my office.
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Ben's emphasis was on protecting his expectation of profit with minimum risk.
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Some kinds of stocks are easier to analyse than others.
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My job was to find stocks that were undervalued.
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Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.
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Devise a simple strategy so you can sleep at night.
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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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I'm not very good on timing. In fact, I've stayed away from it.
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Ben didn't want to lose money. He had had a rough time during the depression.
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Don't sell on bad news.
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Try to establish the value of a company.
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Sell is tough. It's the worst, it's the most difficult thing of all.
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We may buy a little bit of a stock, to get our feet wet and get a feeling for it.
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Ben was a very simple straightforward man with a brilliant quick mind.
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We don't put the same amount of money in each stock.
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I like the idea of company-paid dividends.
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Don't be in too much of a hurry to sell.
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