1994年3月，施洛斯父子总结了其投资理念，并把它们写进了《股市赚钱要诀》，一共16条，如下：
（最近写书要用，发现别人翻译得有问题，就自己翻译了一遍。）
On common stocks March 10,1994
Walter & Edwin Schloss Associates, L. P.
Factors needed to make money in the stock market
1. Price is the most important factor to use in relation to value.
1、价格是最重要的因素。用价格与价值做对比。
2. Try to establish the value of the company. Remember that a share of stock represents a part of a business and is not just a piece of paper.
2、要确定公司的价值是多少。记住，股票不是一张纸，它代表对企业的部分所有权。
3. Use book value as a starting point to try and establish the value of the enterprise. Be sure that debt does not equal 100% of the equity. (Capital and surplus for the common stock).
3、从净资产入手，估算并确定企业价值。负债一定不能等于100%的净资产（普通股的股本和盈余留存）。
4. Have patience. Stocks don't go up immediately.
4、有耐心，股票不会立即上涨。
5. Don‘t buy on tips or for a quick move. Let the professionals do that, if they can. Don't sell on bad news.
5、不要听消息或抓短线。如果有“专家”做得到，那就由他们去吧。不要因为坏消息而卖出。
6. Don’t be afraid to be a loner but be sure that you are correct in your judgment. You can't be 100% certain but try to look for weaknesses in your thinking. Buy on a scale and sell on a scale up.
6、不要害怕孤独，但要确定自己的判断正确。100%确定是不可能的，但要去发现自己逻辑中的缺陷。下跌时分批买入，上涨时分批卖出。
7. Have the courage of your convictions once you have made a decision.
7、一旦做了决定，要有勇气相信自己的判断。
8. Have a philosophy of investment and try to follow it. The above is a way that I‘ve found successful.
8、找到投资理念并坚持到底。这是我发现的一条成功投资之路。
9. Don't be in too much of a hurry to sell. If the stock reaches a price that you think is a fair one, then you can sell but often because a stock goes up say 50%, people say sell it and button up your profit. Before selling try to reevaluate the company again and see where the stock sells in relation to its book value. Be aware of the level of the stock market. Are yields low and P-E ratios high. If the stock market historically high. Are people very optimistic etc?
9、卖出时不要太急。如果股票达到了你认为合理的价格，你就可以卖出，但是许多时候只是因为股票涨了50%，人们就说卖掉并锁定利润。卖出之前，要重新评估公司，比较价格与净资产价值。要注意股市的估值水平：是不是未来收益率较低、市盈率较高？股市是否处于历史高位？人们是否非常乐观？
10 When buying a stock, I find it helpful to buy near the low of the past few years. A stock may go as high as 125 and then decline to 60 and you think it attractive. 3 years before the stock sold at 20 which shows that there is some vulnerability in it.
10、买的时候，我发现最好买在过去几年的低点附近。一只股票从125的高点跌到60,你可能就动心了，可3年前它的股价是20，这说明股价现在可能还是有些脆弱。
11. Try to buy assets at a discount than to buy earnings. Earnings can change dramatically in a short time. Usually assets change slowly. One has to know much more about a company if one buys earnings.
11、根据资产打折买入，而不是根据盈利。盈利短期变化的可能性非常大，而资产一般变化缓慢。如果非得根据盈利买入，你就得对公司有更深入的理解。
12. Listen to suggestions from people you respect. This doesn’t mean you have to accept them. Remember it's your money and generally it is harder to keep money than to make it. Once you lose a lot of money it is hard to make it back.
12、倾听你敬重之人给出的建议，但接不接受要自己决定。记住，钱是你自己的，赚钱容易守财难，一旦亏了很多钱，很难再赚回来。
13. Try not to let your emotions affect your judgment. Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.
13、不要让情绪影响判断。买卖股票时，最不该有的情绪就是贪婪和恐惧。
14. Remember the work compounding. For example, if you can make 12% a year and reinvest the money back, you will double your money in 6 yrs, taxes excluded. Remember the rule of 72. Your rate of return into 72 will tell you the number of years to double your money.
14、记住复利原理。举例来说，每年赚12%，并将收益继续投资，不考虑税费，资金会在6年以后翻倍。记住72法则，用72除以你的年收益率就可以知道资金翻倍需要几年时间。
15. Prefer stocks over bonds. Bonds will limit your gains and inflation will reduce your purchasing power.
15、股票比债券好。债券收益有限，通胀会降低其购买力。
16. Be careful of leverage. It can go against you.
16、小心杠杆，它很容易伤到你。