Feb

21

 Walter Schloss died yesterday a 95. he was one of the true great investors with compound returns of above 16% net of fees for an astounding 47%. He and his son Edward practiced true value investing buying book value bargains with little or no debt and holding until they worked. By all accounts a true gentleman, genius and humble man. I always tried to meet him when I was in the Tweedy Browne offices where he hung his hat but he was semi retired by the then and his desk in the corner was never occupied when I occasion to be in the old Vanderbilt Avenue offices.

Stefan Jovanovich writes:

He was a great supporter of Freedom House; it is largely because of his influence that they had the courage to publish Peter Braestrup's book –at a time when no one else in New York or Washington would touch it.
 


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