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Business Insider

Lindley Estes is a business writer for The Free Lance-Star and This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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An investment legend speaks

Forbes magazine has a great article about Walter Schloss, a legendary value investor still going strong at age 91. Like others of his philosophy, Schloss doesn’t worry about market timing. He just buys individual companies that are selling for less than they’re worth. My sense is that Warren Buffett, assuming his health cooperates, will be doing the same thing as Schloss when he’s 91.