Schloss was born in New York in 1916, left school at the age of 18, and took a job as a runner, delivering messages on the floor of the stock exchange. While working there he took some night classes on investment given by legendary value investor Benjamin Graham, given on the floor of the exchange. As a result, he got a job with the Graham-Newman Investment Partnership.
In 1955 he struck out on his own, managing money for a group of private investors under the umbrella of the WJS Partnership. He closed the partnership in 2000, stopped managing other people's money in 2003 and died in 2012.
What was his strategy?
Did this work?
What was his best investment?
So should we follow what he says?
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