Convictions Quotes 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