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Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.
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
Book
Evaluate
Trying
Stock
Investing
Sells
Selling
Value
Company
More quotes by Walter Schloss
Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.
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I'm a passive investor. There are people who are very aggressive they try to buy companies.
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Sell is tough. It's the worst, it's the most difficult thing of all.
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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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Timidity prompted by past failures causes investors to miss the most important bull markets.
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I don't have a ticker-tape machine in my office.
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When you buy a depressed company it's not going to go up right after you buy it, believe me.
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Try to look for weaknesses in your thinking.
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One of the tricks of this business is, keep your losses down.
Walter Schloss
Don't sell on bad news.
Walter Schloss
Yes, Warren has done very well.
Walter Schloss
Ben was a very simple straightforward man with a brilliant quick mind.
Walter Schloss
I found that it was much better to look at the figures rather than people.
Walter Schloss
Warren is a very good judge of people and he's a very good judge of businesses.
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Look at companies selling at new lows.
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By setting up Berkshire Hathaway, Warren has done everything very rationally.
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I'm not very good on timing. In fact, I've stayed away from it.
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If the stock goes down we want to buy more.
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If there are not too many value stocks that I can find, the market isn't all that cheap.
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Price is the most important factor to use in relation to value.
Walter Schloss