What Value Investors Can Learn From Walter Schloss And Ben Graham Today

Walter Schloss isn’t a name many investors will have heard today. Schloss was one of the great value investors who trained under Benjamin Graham and specialized in finding cheap stocks. His track record was outstanding. In Warren Buffett’s 1984 essay, the Super Investors of Graham-and-Doddsville, he noted that between 1956 and 1984, Schloss’s firm returned 21.3% per annum compared to just 8.4% for the S&P 500. Deep value investing The investor’s approach to buying stocks was based on the idea that owning a basket of really cheap equities would produce a favorable return in the long run. On average, the…