If the market were way over priced, I wouldn't own any stocks. Walter Schloss More Quotes by Walter Schloss More Quotes From Walter Schloss Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper. Walter Schloss investing trying years 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 investing assets plant Make sure you have the courage to stay true to your convictions and not let the market affect your emotions. Walter Schloss stay-true investing emotion I find it helpful to buy near the low of the last few years. Walter Schloss investing lasts years Try not to let your emotions affect your judgement. Walter Schloss investing judgement trying Devise a simple strategy so you can sleep at night. Walter Schloss simple sleep night Be aware of the level of the stock market. Are yields low and PE ratios high? Walter Schloss investing yield levels Price is the most important factor to use in relation to value. Walter Schloss investing important use Be careful of leverage. It can go against you. Walter Schloss careful investing be-careful Earnings can change dramatically. Usually assets change slowly. Walter Schloss investing assets earning Most look at earnings and earnings potential, well I can't get into that game. Walter Schloss investing games looks Basically, we try to buy value expressed in the differential between its price and what we think its worth. Walter Schloss investing trying thinking We do not spend a great deal of time talking to management. Walter Schloss investing management talking Have the courage of your convictions once you have made a decision. Walter Schloss investing conviction decision People don't like to buy things that are going down. Walter Schloss investing values people Stockbrokers aren't too interested in a stock you can sit there for five years with. Walter Schloss stockbrokers investing years Managements, you know, often think of themselves. Walter Schloss investing management thinking Don't buy on tips or for a quick move. Walter Schloss investing values moving Ben was really a contrarian but he didn't use those terms because he was really buying value. Walter Schloss investing buying use Book values have some good and some bad features. Walter Schloss features investing book
