Walter Schloss was one of Benjamin Graham’s most successful students. From 1955 through 2002, Schloss returned 16% per annum, according to his own figures, successfully using Benjamin Graham’s net-nets strategy to outperform the market for five decades.
Walter Schloss didn’t give many interviews over his career, but he did write a number of memos and letters to various publications over the years. Here are just two of his memos written over the years.
Walter Schloss: Two Checklists
Checklists are an important part of investing. Some of the world’s best investors, including John Griffin of Blue Ridge Capital, Mohnish Pabrai, Charlie Munger and Schloss’ mentor, Benjamin Graham all used, and continue to use checklists...

