Walter Schloss

Biography

Born 28 August 1916 in New York; died 19 February 2012 in Manhattan, aged 95. Never went to college. He started in 1935 as a 'runner' at Carl M. Loeb & Co. and served in the Army Signal Corps in WWII. Joined Graham-Newman Corp. in 1946, then left in 1955 to manage money on his own with $100,000 from 19 investors. The firm became Walter & Edwin Schloss Associates when his son Edwin joined in 1973. He retired in 2002. Buffett noted Schloss usually held well over 100 stocks, and over 800 issues across the partnership's history.

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