His portfolio consisted of a hundred stocks. Walter Schloss and Portfolio Management Walter Schloss did not invest too much time assessing the details of a particular stock to the very last detail rather he studied the company financials and did not overanalyze each investment opportunity. Using Walter Schloss's Approach to Search for Value. I suspect he liked it that way. It was a Q&A with Schloss himself at the Ben Graham Centre for Value Investing at the University of Western Ontario. Currently, you pay typically a management fee, performance fees and possible initial costs when you invest and redemption costs when you withdraw your money. Over forty-seven years. Walter Schloss was a master of humility. The list value of stock holdings is up 2.1% when compared to the last quarter. Munger retired his partnership after 1975. By Stevenhoo. Walter Schloss’s longevity (he lived to be 96) gives us an idea of what a long-term deep value track record looks like:From 1956 to 2002, Schloss generated an annualized return of … This may seem unbelievable today. These expenses are sure, but returns are hardly guaranteed. In 1955, Schloss founded Walter & Edwin Schloss Associates, an investment partnership that has consistently delivered 15.3% returns after fees against the Standard & Poor’s 500’s 10% for 4½ decades. The archive includes a growing collection of value-investing materials, including: Books on investing and investment professionals Articles from the press and finance journals, and other papers Ledgers from the Schloss family that provide GuruFocus.com.

Many value investors have extensively studied Schloss and his methods, but there are still many who have not heard of him, or haven’t read much about him. While that’s an incredible 60% higher than the S&P 500, his actual portfolio returns were much better. Here are some of the things Walter Schloss looked for in a value investing portfolio: Companies backed by real assets with little or no debt, providing a source of value if the company liquidates or gets sold A discount to book value of at least 20%, preferably more, with the book value consisting of cash, fixed assets, and other tangibles During 2018, I wrote two articles on my value investing portfolio.
As a benchmark, the S&P 500 was up 3.9% over the same period. Schloss passed away last year at the age of 96, and this video was taken 5 years ago when Schloss was 92. Through a diverse and manageable portfolio, Schloss was able to return on average a 15.3% compound return over the course of 45 years. Warren Buffett called him a 'superinvestor'. Feb 25 2020 - The Schloss Portfolio: A New Start. Facebook Twitter. I will share my portfolio and my new strategy. … Walter Schloss outperformed the S&P 500 by 600 bps annually over a 47-year career. In all my reading, he’s probably the most humble investor…and honest, straightforward, and simplistic. Walter Schloss had a one-room office that was actually located inside the offices of Tweedy Brown, a much larger value investing firm. One such legend was Walter Schloss. So Buffett won this three way battle from 1962-1975. Amongst the numerous capable investors highlighted in The Superinvestors of Graham-and-Doddsville by Warren Buffett, Schloss’s performance was nothing short of stunning. As some readers have probably noticed, I’m a big fan of Walter Schloss, who’s one of the greatest investors of all time.
March 17, 2020. Walter Schloss is an outlier among outliers, and yet you’ve probably never heard of him. WALTER SCHLOSS was never a face on financial television programmes. Summary Episode 1 of my new value investing portfolio. My portfolio is based on the work and readings of Walter Schloss. Schloss passed away last year […]

In 1955, Walter Schloss departed from Graham’s company to start his own investment firm where he managed money for 92 investors.