Value Investing for Smart People will explain you in a simple manner how you can include the margin
of safety principle in your investing to preserve your capital.
«Graham figured that always using the margin
of safety principle when deciding whether to purchase shares of a business from a crazy partner like Mr. Market was the secret to making safe and reliable investment profits.»
Must be able to stand for long periods at a time, walking, sitting, bending, climbing and working outside Working
knowledge of safety principles, such as lock - out / tag - out Required to wear metatarsal steel - toed boots, safety vest, safety glass, and safety hard hat.
Value Investing for Smart People will explain you in a simple manner how you can include the
margin of safety principle in your investing to preserve your capital.
A risk - averse philosophy and strategy The margin
of safety principle is the value investing philosophy's corner stone, since it captures what value investors cherish above all else (even returns!)
The three key pillars of the value investing philosophy Janet explains that Warren Buffett extracted three core concepts from Benjamin Graham's teachings: the proper approach and attitude, the concept of intrinsic value and the margin
of safety principle:
The value investing philosophy consists of three key pillars: 1) the right attitude, 2) the concept of intrinsic value, 3) the margin
of safety principle.
The margin
of safety principle: In continuation of the exposition of intrinsic value follows the margin of safety principle.
Spitznagel describes Figure 3 as «[t] he best picture I have ever seen depicting the endogenous risk control to be had from Benjamin Graham's margin
of safety principle (which insists on cheapness to conservative fundamental assumptions in one's equity exposures, and thus provides added protection against errors in those assumptions).»
ACR's philosophy rests on the margin
of safety principle.