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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
Values
Much
Hurry
Investing
Sell
Sells
More quotes by Walter Schloss
Warren is a very good judge of people and he's a very good judge of businesses.
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One has to know more about a company if one buys earnings.
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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 great believer in buying a diversified group of securities, so that he limited his risk.
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You have to have confidence in what you're doing.
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Stockbrokers aren't too interested in a stock you can sit there for five years with.
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Ben didn't want to lose money. He had had a rough time during the depression.
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People don't like to buy things that are going down.
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When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!
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Try to establish the value of a company.
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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.
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When I buy a stock, I have kind of an idea where I want to sell it.
Walter Schloss
I liked the results of the profits in the markets.
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Have a philosophy of investment and try to follow it.
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You never get the high and you never get the low.
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If the market were way over priced, I wouldn't own any stocks.
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My job was to find stocks that were undervalued.
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We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.
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Managements, you know, often think of themselves.
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Buy stocks where the outlook is not good.
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