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Day: 17 January 2015

Walter Schloss Part Seven: Learning From The Master

Walter Schloss Part Seven: Learning From The Master

Walter Schloss – Part seven: Learning from the Master As I’ve covered before, Walter Schloss never went to college. At 18, he started working as a runner on Wall Street at Carl M. Loeb & Co. After a year at the firm, Walter Schloss met with Armand Erpf, a partner of Loeb & Co, who was also incharge of the statistical department. Walter Schloss wanted a job in the statistical department but Armand turned him down. Instead he advised Schloss…

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Walter Schloss – Part Six: The Right Stuff

Walter Schloss – Part Six: The Right Stuff

Walter Schloss – Part Six: The Right Stuff In parts five and six of this series, I’m taking a look of some of Walter Schloss’ deep-value investments that he made over his six-decade long career on Wall Street. These examples have been taken from interviews with Schloss, conducted over the years by financial publications, and there’s plenty to choose from. Schloss was more than happy to talk about his investments and where he was directing his partners’ money. One such…

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