Deep Value Master, Walter Schloss by CSInvesting
Walter Schloss had a phenomenal track record over many decades. His accounts returned profits almost every year, so the amount he managed stayed small. His approach is a good one for individual investors. he would buy cheaply and average down. However, now might be a difficult time to practice his approach with many sectors of the market lacking a margin of safety unless you delve into (horrifically cyclical) certain mining companies, oil-drillers, and community banks. But if you are interested in the deep value approach, you must study Schloss. Does your personality match his approach?
Today, Apple is the largest public company in the world, and the group’s iPhones can be found in stores all over the globe, but not long ago the company was a baby when the Apple IPO was filed in the 1970s. Not only is Apple the world’s most valuable company, but it’s also arguable that Read More
Walter Schloss Lecture: http://youtu.be/v-7e_97icWY
Learning from Schloss (excellent review) http://youtu.be/5KM9eY7BbzA
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