We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital. Walter Schloss More Quotes by Walter Schloss More Quotes From Walter Schloss Use book value as a starting point to try and establish the value of the enterprise. Walter Schloss use trying book I don't have a ticker-tape machine in my office. Walter Schloss tape machines office You have to have confidence in what you're doing. Walter Schloss have-confidence investing values Buy stocks where the outlook is not good. Walter Schloss outlook investing values Fear and greed tend to affect one's judgement. Walter Schloss investing greed judgement We get a feeling, if we can, about what we think the company is worth. Walter Schloss investing feelings thinking I agree with Warren to keep it simple and not use higher mathematics in your analysis. Walter Schloss analysis simple use I have been around a long time and Wall Street has changed a lot. Walter Schloss investing wall long I helped Ben with the third edition of Security Analysis, published in 1951. Walter Schloss thirds investing analysis You have to be a little aware of the emotions of the people who have invested with you. Walter Schloss investing littles people Sell is tough. It's the worst, it's the most difficult thing of all. Walter Schloss investing tough worst You never get the high and you never get the low. Walter Schloss investing values lows Don't be afraid to be a loner but be sure that you are correct in your judgement. Walter Schloss loner investing judgement I tried to follow Ben Graham's ideas. Walter Schloss investing values ideas Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value. Walter Schloss investing trying book Remember that a share of stock represents a part of a business and is not just a piece of paper. Walter Schloss investing pieces paper This is a business. Like any other business. Walter Schloss investing values I liked the results of the profits in the markets. Walter Schloss investing profit results Graham liked the idea of protection on the downside. Walter Schloss investing protection ideas Yes, Warren has done very well. Walter Schloss investing wells done
