Another kind of
safety margin at work.
«This improves
the safety margins at higher temperatures over traditional zirconium cladding used today.»
Not exact matches
In actuality, while the skill set necessary to make intelligent decisions can take years to acquire, the core matter is straightforward: Buy ownership of good businesses (stocks) or loan money to good credits (bonds), paying a price sufficient to reasonably assure you of a satisfactory return even if things don't work out particularly well (a
margin of
safety), and then give yourself a long enough stretch of time (
at an absolute minimum, five years) to ride out the volatility.
«Value» investing typically offers investors what Benjamin Graham called a «
margin of
safety», on the basis that high quality companies are being bought
at a discount to their inherent value.
Margin of
Safety What's the chance you'll lose money on the stock, in the long run, if you buy it
at today's price?
These bargain - priced opportunities are selected one
at a time, bottom up, which provides a
margin of
safety in case of error, bad luck or disappointing business results.
The Valuentum Buying Index is based on our research into the experiences of many of the most influential investors, from Benjamin Graham (
margin of
safety) and Warren Buffett (price versus value) to Peter Lynch (GARP, growth
at a reasonable price).
Even though there is much to like about CWGL, we find it hard to make a case that it offers a compelling valuation with a sufficient
margin of
safety at its current valuation.
When you are able to select company trading
at a 20 % discount, you know that even if your assumptions are not perfect, you have a very good
margin of
safety.
The dividend is extremely safe and has a
margin of
safety against earnings, and the 58 years of consistent dividend growth should allow you to sleep
at night knowing that, every April, you'll get a raise in your passive income of six to seven percent.
But today I want to highlight the importance of focusing on not overpaying aswell as trying to
at least get a a small
safety of
margin.
etc.), value them, determine an appropriate
margin of
safety (discount to fair value, which should be increased in range - bound markets), and you'll thereby arrive
at a price
at which you'd want to buy them.
This side hustle income will not be necessary, but having that
margin of
safety and the ability to add to principal will be reassuring
at the outset.
Strong Buy means that I am recommending a high - quality REIT that is trading
at a wider
margin of
safety.
Figuring your withdrawal rate
at 4 % and then counting on that as gospel, especially with no
margin of
safety, is crazy to me.
But they will only do so
at prices that are sufficient to provide them with extreme
margins of
safety: ultra-low bids if they have to be the buyers, and ultra-high asks if they have to be the sellers.
«If we insist on a significant
margin of
safety at the time of purchase, above - average volatility may well provide above - average returns.
«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.»
When I purchased my shares
at just over $ 27 in November, I felt I was paying «fair value» and not enjoying the sort of
margin of
safety that I really like to have with my stock investments.
I generally only buy into companies that are selling
at a substantial discount, or
margin of
safety, to my estimate of value for the company so that this way if I do make a mistake in the analysis or valuations then I will still have a chance to make some money.
A new white paper from Ishida Europe explains how increased automation and in - line processing can help poultry suppliers improve profitability
at a time when
margins are continually being squeezed and quality and
safety standards further tightened.
As the facts and figures
at the start of this video show, they provide extremely large
safety margins.
A local nonprofit legal foundation is ready to begin issuing unofficial City of Kingston identification cards that supporters hope will boost public
safety by encouraging undocumented immigrants and others
at society's
margins to come forward and report crimes.
The Ulster County Legislature approved a budget, flow control and a phased - in takeover of
Safety Net costs from the towns by better than three - to - one
margins at its meeting last Tuesday night, but not without some grumbling about how County Executive Mike Hein advanced his initiatives.
To keep the Amazon tipping point
at bay, the researchers advocate not just strict control to prevent further deforestation but also the construction of a
safety margin by reducing the deforested area to less than 20 %.
Richard Jackson, who was a top official in California's health department
at the time of the watermelon poisonings, testified
at a U.S. Senate hearing back in 1991 that aldicarb posed a health risk to children and that regulations offered an inadequate
margin of
safety.
«For a standard that's supposed to protect health with an «adequate
safety margin,» we don't think that's been done here with that many lives sacrificed and that many asthma attacks allowed,» John Walke, clean air director
at the Natural Resources Defense Council, tells ScienceInsider.
A 70 - ppb standard thus «may not meet the statutory requirement to protect public health with an adequate
margin of
safety,» CASAC said
at the time.
Because TMS has already been shown to be safe for the treatment of depression — and
at much higher doses (i.e., the number of pulses)-- it offers a «gigantic
margin of
safety» to migraine patients, Dr. Lipton says.
There's more understeer
at turn - in than we'd like, but in fast, sweeping corners like Buttonwillow's «Talladega,» this leaves a larger
margin of
safety that instills confidence.
In my understanding of value investing — as per Dodd — is not about expectations but hard numbers — one looks
at the intrinsic value of company, if the market price of stock below intrinsic value and
margin for
safety — its a value stock.
I'd set the stop - loss lower (say $ 8) and then move it up if the stock begins to do well — perhaps leaving a 20 %
margin of
safety in place
at all times (e.g. moving the stop - loss to $ 16 if the stock goes to $ 20).
ABCP will remain but with safer classes of asset - backed securities, wider spreads, and larger
margins of
safety,
at least until the next lust for yield comes upon us.
If we write the PP&E to zero and carry everything else
at book value, HRT is worth around $ 2.67, which, while not enough of a discount to get excited about, still offers a 16 %
margin of
safety.
First, HRT may be cheap enough to have a sufficient
margin of
safety with its PPE valued
at 0 %, 20 %, or 50 %.
Intelligent asset management does not react to the past, but analyzes future prospects, and looks
at current
margin of
safety.
Therefore, building in a
margin of
safety at the portfolio level, as well as in underwriting each investment, is critical.
Such is the popularity of
Margin of
Safety that
at the time of writing there are 12 used copies selling for $ 1349 and 6 new copies selling for $ 1779.
At the end of the day it's the return of the portfolio which matters not
margin of
safety in an individual position.
It is far more important to focus on
margin of
safety than to look
at diversification benefits.
Most of the net - nets today are burning cash
at a rate that will erase the
margin of
safety you initially get in just a year or two.
If you estimate a stock's value
at $ 50 and pay $ 50, you have no
margin of
safety.
I usually figure that we'll end up
at a 70LTV which also helps the debt cover and provides a larger
margin of
safety, which is half the battle from a value investing standpoint.
One way to maximize
margin of
safety is to buy assets
at a discounted price.
Mr. Cinnamond has, for the past 17 years, single - mindedly pursued an absolute value strategy in which he buys good companies when they're available
at a substantial
margin of
safety.
If you conclude that a stock is worth $ 100, and it's currently trading
at $ 70, you have a 30 %
margin of
safety (which is the minimum requirement you should insist on according to Benjamin Graham).
The stock's current valuation seems reasonable considering the company's stability, but I'd prefer to own the stock
at a somewhat lower cash flow multiple for a greater
margin of
safety.
Insisting on acquiring assets
at a price well below what you've assessed that asset to be worth, is your
margin of
safety — the cornerstone of the value investing philosophy.
My investing goal is to build a diverse passive income stream, from a collection of dividend stocks, MLPs, REITs, and bonds, that surpasses my annual expenses with a
margin of
safety and that grows
at a faster rate than inflation.
Margin of
safety and the quest for bargains It was mentioned in part I that upon thorough analysis one should be able to assess a business» intrinsic value, or fair value, the price a security should be trading
at as so forth the market was governed exclusively by intelligent buyers and sellers.