Sentences with phrase «optimistic estimate of value»
Not exact matches
«The concept of a margin of safety is that an investor should purchase a security at a price sufficiently below his estimate of its intrinsic value that he will have protection against permanent loss even if his estimate proves somewhat optimistic.»
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Rough estimates indicated that under the most optimistic scenarios, corresponding to the lowest plausible value for the Planck scale, black holes could be produced at the rate of one per second.