From the Archives: Walter Schloss’ Checklists

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…