Monday, November 2, 2009

Awesome information about Walter Schloss - Great Post Market Blog

Inspired by the Walter Schloss: 16 Golden Rules For Investing,  These articles are indeed timeless and have a ton of information that is exceptional.

Here are some excerpts of the article
For sheer uninterrupted excellence few investors can match Walter Schloss. For 45 years, from 1955 through 2000, Walter Schloss has managed  the same investment partnership. The compound rate of return for his Limited.  Partners was 721.5x or 15.7% per year compared to a gain for the S&P Industrial Average
of 117.5x or 11.2% per year. In 1973, Walter’s son, Edwin, joined the partnership and the fund became known as Walter & Edwin Schloss Associates. In 2001, Walter and Edwin decided to close up shop and
liquidate the fund. I sat down with Walter and Edwin and asked them about their careers, why they decided to shut down, and what the future has in store


There are 16 lessons on http://mrmarketblog.com/?page_id=23. All are must read.

Please visit http://mrmarketblog.com/?page_id=23 for more information.

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