Walter Schloss - Value Investor

Here is a video of Walter Schloss, one of the value investing greats. Walter started off by reading "The Intelligent Investor", took a couple of his courses and went on from there. Over the life of his investment firm walter averaged 15.3% between 1955 and 2000. More details as ever on wikipedia and can be found here.

The video quality is not great but the sound is clear enough. Here is the first of five parts.

I found what walter had to say very interesting. His approach was to buy shares that were undervalued and sell them whenever they had gained 50%. He did not seem to be particularly bothered about buying particularly good companies in the Buffett sense.