On the scent with iSentia

Our view of iSentia's business has improved following a meeting with management, but we'd need a cheaper price before buying.

Walter Schloss was one of the legends of value investing. A former student and employee of Ben Graham and one of the Superinvestors of Graham-and-Doddsville, he racked up 21% a year over 46 years to 2002 – and he did it without hardly ever meeting with companies’ managements.

As his son Edwin explained: ‘You can waste a whole lot of energy running all over the country checking on managements of the companies you own. We only go to annual meetings if they’re within a 20-block radius of the office.’


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