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Don't be in too much of a hurry to sell.
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
Sell
Sells
Values
Much
Hurry
Investing
More quotes by Walter Schloss
One has to know more about a company if one buys earnings.
Walter Schloss
I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.
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You never get the high and you never get the low.
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Don't buy on tips or for a quick move.
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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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Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.
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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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This is a business. Like any other business.
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The market is a very emotional place that appeals to fear and greed.
Walter Schloss
Ben was really a contrarian but he didn't use those terms because he was really buying value.
Walter Schloss
Don't sell on bad news.
Walter Schloss
You have to be a little aware of the emotions of the people who have invested with you.
Walter Schloss
Basically, we try to buy value expressed in the differential between its price and what we think its worth.
Walter Schloss
Some kinds of stocks are easier to analyse than others.
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I don't have a ticker-tape machine in my office.
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One of the tricks of this business is, keep your losses down.
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I have been around a long time and Wall Street has changed a lot.
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I agree with Warren to keep it simple and not use higher mathematics in your analysis.
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I'm not very good on timing. In fact, I've stayed away from it.
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All the publicity about value investing - it's become a very popular thing.
Walter Schloss