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Walter Schloss Quotes: We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.
         

We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.


Walter Schloss
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"Walter Schloss Quotes." Quoteslyfe.com, 2024. Sat. 04 May. 2024. <https://www.quoteslyfe.com/quote/We-basically-followed-the-idea-of-buying-1144722>.





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Other quotes of Walter Schloss


When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!

When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!



If the stock goes down we want to buy more.

If the stock goes down we want to buy more.



You never really know a stock until you own it.

You never really know a stock until you own it.



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

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



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

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



Timidity prompted by past failures causes investors to miss the most important bull markets.

Timidity prompted by past failures causes investors to miss the most important bull markets.



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

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



Be sure that debt does not exceed 100% of the equity.

Be sure that debt does not exceed 100% of the equity.



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

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



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

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





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Quote Description


This page presents the quote "We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.". Author of this quote is Walter Schloss. This quote is about selling, buying, thirds, two, ideas, investing,.