I'm a passive investor. There are people who are very aggressive; they try to buy companies. — Walter Schloss Copy Share Image
Use book value as a starting point to try and establish the value of the enterprise. — Walter Schloss Copy Share Image
Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper. — Walter Schloss Copy Share Image
Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value. — Walter Schloss Copy Share Image
Basically, we try to buy value expressed in the differential between its price and what we think its worth. — Walter Schloss Copy Share Image
I helped Ben with the third edition of Security Analysis, published in 1951. — Walter Schloss Copy Share Image
If there are not too many value stocks that I can find, the market isn't all that cheap. — Walter Schloss Copy Share Image
We may buy a little bit of a stock, to get our feet wet and get a feeling for it. — Walter Schloss Copy Share Image
Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper. — Walter Schloss Copy Share Image
When you buy a depressed company it's not going to go up right after you buy it, believe me. — Walter Schloss Copy Share Image
