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 (horrificly 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?
The Superinvestors of Graham and Doddsville by Warren Buffett
16 Investing Rules from Walter Schloss
Walter Schloss – OID Interview
Walter Schloss Lecture: http://youtu.be/v-7e_97icWY
Learning from Schloss (excellent review) http://youtu.be/5KM9eY7BbzA
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