Price is the most important factor to use in relation to…

“Price is the most important factor to use in relation to value.”

Walter Schloss

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Value is determined by price relative to intrinsic worth; price is the primary indicator of value.

In simple terms: Price reflects value.

Key Takeaway

Use price as a key gauge of value.

Themes

investment valuation price intrinsic value market

Mood

pragmatic analytical

Type

financial educational

When to use this quote

stock selection
real estate appraisal
business valuation
financial analysis

Key Concepts

price analysis fundamental analysis risk assessment portfolio construction

Questions to Reflect On

How does price relate to true value?
When should price be secondary?

A Different Perspective

Price alone may ignore qualitative factors.

★ ★ ★ ★ ★ No ratings yet

Investing Value Values

More by Walter Schloss

You have to have patience in this field.

Walter Schloss

Try to buy assets at a discount than to buy earnings.

Walter Schloss

If the market were way over priced, I wouldn't own any stocks.

Walter Schloss

Fear and greed tend to affect one's judgement.

Walter Schloss

I helped Ben with the third edition of Security Analysis, published in 1951.

Walter Schloss

If there are not too many value stocks that I can find, the market isn't all that cheap.

Walter Schloss

Graham liked the idea of protection on the downside.

Walter Schloss

We may buy a little bit of a stock, to get our feet wet and get a feeling for it.

Walter Schloss

Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.

Walter Schloss

When you buy a depressed company it's not going to go up right after you buy it, believe me.

Walter Schloss

Earnings can change dramatically. Usually assets change slowly.

Walter Schloss

Look for companies that do not have a lot of debt.

Walter Schloss

Ben's emphasis was on protecting his expectation of profit with minimum risk.

Walter Schloss

Buy stocks where the outlook is not good.

Walter Schloss

A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?

Walter Schloss

Explore all 89 Walter Schloss quotes

More Factors quotes

There are a number of qualities which are important for mental peace, but from the little experience I have, I believe that one of…

Dalai Lama

Among the many factors that make a return to halcyon days of the first decades of the postwar era virtually impossible is the decline…

Robert Gilpin

With any good projects, I feel like the off-screen chemistry factors on-screen. It's great when you don't have to force it, but when it's…

Aldis Hodge

In all forms of magick, the imagination or image-making faculty is the most important factor

Kenneth Grant

“behavioral and social factors is six times more important than the delivery of healthcare”

Dwight McNeill

I think PCs are going to continue to shift in form factor. The real question is: What's a PC?

Steve Ballmer

Bisexuals need to recognize that their being closeted is a huge contributing factor to the hostility they face.

Dan Savage

Timing and arrogance are decisive factors in the successful use of talent.

Marya Mannes

Both of these places, Cairo's downtown and Tahrir Square, are in the heart of downtown Cairo. They are places where young people gather to…

Leila Fadel

I've always made my decisions based on two factors: intellectual analysis and my gut. And when they meet, that's a go from me. That's…

Michael Ovitz

Exploitation and manipulation produce boredom and triviality; they cripple man, and all factors that make man into a psychic cripple turn him also into…

Erich Fromm

While it is becoming increasingly obvious that the fundamental architecture of a system has a profound Influence on the quality of its human factors,…

Lewis M. Branscomb