Margin of Safety
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Link
Cost
Paid
Published
1991
Full Name
Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor
Margin of Safety can be recapped into three key points: 1. Avoiding loss should be the primary goal of an investor. 2. The way to avoid loss is to invest with adequate margin of safety. 3. Setting margin of safety is significant because valuation is an indefinite art, the future is uncertain, and investors are human that has in its nature to commit mistakes.
