Rare Book & Manuscript Library
 

Schloss Family Business Papers, 1957-2003

Summary Information

Abstract

The collection consists of business and financial reports, portfolio statements, correspondence, articles, and legal documents created by or maintained by Walter Schloss in the course of his business career. In particular there is correspondence with Warren Buffet and articles written by and about Benjamin Graham.

At a Glance

Call No.: MS#1852
Bib ID 12851449 View CLIO record
Creator(s) Schloss, Walter J
Title Schloss Family Business Papers, 1957-2003
Physical Description 3.55 linear feet (8 document boxes, 1 other box)
Language(s) English .
Access

This collection is located off-site. You will need to request this material at least three business days in advance to use the collection in the Rare Book and Manuscript Library reading room.

This collection has no restrictions.

Arrangement

Arrangement

Organized into 1 series.

Description

Summary

This collection documents business and legal activities of Walter Schloss and his company from the late 1950s through the early 2000s. It also contains lectures and writings by and about his mentor, Benjamin Graham and personal correspondence with his friend Warren Buffett.

Using the Collection

Rare Book and Manuscript Library

Restrictions on Access

This collection is located off-site. You will need to request this material at least three business days in advance to use the collection in the Rare Book and Manuscript Library reading room.

This collection has no restrictions.

Terms Governing Use and Reproduction

Single photocopies may be made for research purposes. The RBML maintains ownership of the physical material only. Copyright remains with the creator and his/her heirs. The responsibility to secure copyright permission rests with the patron.

Preferred Citation

Identification of specific item; Date (if known); Schloss Family Business Papers; Box and Folder; Rare Book and Manuscript Library, Columbia University Library.

Accrual

No additions are expected

About the Finding Aid / Processing Information

Columbia University Libraries, Rare Book and Manuscript Library

Processing Information

Papers processed by Molly Boord (GS 2021) Fall 2017.

Finding aid written by Jocelyn Wilk October 2017.

Revision Description

2017-11-04 File created.

2019-05-20 EAD was imported spring 2019 as part of the ArchivesSpace Phase II migration.

Subject Headings

The subject headings listed below are found in this collection. Links below allow searches at Columbia University through the Archival Collections Portal and through CLIO, the catalog for Columbia University Libraries, as well as ArchiveGRID, a catalog that allows users to search the holdings of multiple research libraries and archives.

All links open new windows.

Genre/Form

Heading "CUL Archives:"
"Portal"
"CUL Collections:"
"CLIO"
"Nat'l / Int'l Archives:"
"ArchivedGRID"
Articles Portal CLIO ArchiveGRID
Audits Portal CLIO ArchiveGRID
Correspondence Portal CLIO ArchiveGRID
Lectures Portal CLIO ArchiveGRID
Prospectuses Portal CLIO ArchiveGRID
Reports Portal CLIO ArchiveGRID

Subject

Heading "CUL Archives:"
"Portal"
"CUL Collections:"
"CLIO"
"Nat'l / Int'l Archives:"
"ArchivedGRID"
Buffett, Warren Portal CLIO ArchiveGRID
Graham, Benjamin, 1894-1976 Portal CLIO ArchiveGRID
Investment advisors Portal CLIO ArchiveGRID

History / Biographical Note

Biographical / Historical

Walter Schloss was a direct student of Benjamin Graham, and is one of the "Super Investors" mentioned by Warren Buffett in his famous essay, The Super Investors of Graham-And-Doddsville. Schloss was born in 1916 and passed away in 2012 at the age of 95. Schloss never went to college and at 18 years old, he worked as a runner for on Wall Street at Carl M. Loeb & Co. One day, a partner of the company, Armand Erpf, recommended that Schloss read "Security Analysis" by Graham and David Dodd, which had been published a year earlier. The firm then paid for Schloss to take two courses with Graham.

Schloss eventually went to work for the Graham-Newton Partnership and in 1955 Schloss launched his own value fund. Schloss stopped actively managing other people's money in 2003. He then became a treasurer for the Freedom House, a non-profit group devoted to furthering democracy and human rights. From 1955 to 2002, by Schloss' estimate, his investments returned 16% per annum on average after fees, compared with 10% for the S&P 500 over the period.

Upon Schloss' death, Buffett, who was a close friend for more than 60 years released the following statement: "He had an extraordinary investment record, but even more important, he set an example for integrity in investment management. Walter never made a dime off of his investors unless they themselves made significant money. He charged no fixed fee at all and merely shared in their profits. His fiduciary sense was every bit the equal of his investment skills.".

Due to COVID-19 restrictions, only Columbia affiliates may view materials on-site. After clicking 'Submit Request', affiliates will login with their UNI and password. Appointments are required and will be arranged according to each individual repository's policy make a request.


Series I: Schloss Family Business Papers



Box 1 Schloss Portfolio Statement, 1957

This series contains the legal documents, financial reports, correspondence files and other materials created by or maintained by Walter Schloss in the course of his business career.


Schloss Portfolio Statement, 1957


Schloss Portfolio Statement, 1958


Schloss Portfolio Statement, 1963


Schloss Portfolio Statement, 1969


Schloss Portfolio Statement, 1970


Schloss Portfolio Statement, 1971


Schloss Portfolio Statement, 1972


Schloss Portfolio Statement, 1973


Schloss Portfolio Statement, 1974


Schloss Portfolio Statement, 1975


Schloss Portfolio Statement, 1976


Schloss Portfolio Statement, 1977


Schloss Portfolio Statement, 1979


Schloss Portfolio Statement, 1980


Schloss Portfolio Statement, 1981


Schloss Portfolio Statement, 1982


Schloss Portfolio Statement, 1983


Schloss Portfolio Statement, 1985


Schloss Portfolio Statement, 1996


Schloss Portfolio Statement, 1997


Schloss Portfolio Statement, 1998


Schloss Portfolio Statement, 1999


Schloss Portfolio Statement, 2000


Schloss Portfolio Statement, 2001



Box 2 Auditors' Reports, 1960s-2000s, (5 folders)


Company and Market Reports, 1940s-2000s



Box 3 Outstanding Investor Digest, 1980s-2000s


Articles about Schloss, 1970s-2000s


Articles by Schloss, 1940s-1990s


Articles about Benjamin Graham, 1950s-2000s


Copies of Articles about Benjamin Graham



Box 4 Articles by Benjamin Graham, 1940s-1990s


Articles by Benjamin Graham, 1940s-2000s


Lectures by Benjamin Graham,1946-1947, undated


Schloss Research, 2005


Schloss Correspondence with Benjamin Graham, 1950s-1970s


Warren Buffet Papers, 1950s-2000s



Box 5 Schloss and B&O Railroad Lawsuit, 1987-1990


Schloss and B&O Railroad Lawsuit, 1987-1990


Schloss vs. C&O Railway Lawsuit, 1987


Hudson Pulp, 1970s


Walter Schloss Correspondence


Walter Schloss Correspondence, Columbia Business School,1959 1973 2000s, 1973, 2000s



Box 6 Penn Central Railroad Dispute, 1960s-1970s


Graham-Newman Letters to Stockholders, 1946-1958, (3 folders)


Graham-Newman Results, 1945 1950 1955, 1945, 1950, 1955


Graham-Newman Letters to Stockholders regarding specific companies,, 1930s-1950s


Graham-Newman Notices of Stockholder Meetings, 1950s


Schloss at Graham-Newman, 1946 & 1950s, 1946, 1950s


Graham Newman Cumulative Results by Schloss for, 1936-1950


Graham-Newman Prospectuses, 1940s



Box 7 Partnership Reports, 1955-1973, (5 folders)



Box 8 Partnership Reports, 1974-2003, (6 folders)



Box 9 Schloss Partnership Agreements, 1955-1992, (2 folders)


Schloss Personal Returns, 1979-1990s


Schloss Cumulative Results, 1950s-2000s