As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Technical Analysis and Charting
Stock Tips

Saturday, 23 January 2010

Get Real, Margin Of Safety - Part 2

"However beautiful the strategy, you should occasionally look at the results." - Winston Churchill

Get Real, Margin Of Safety - Part 1

Let look at the recent Noble trade:

Round 10: ROC 6.5%, 20 days, B $3.07 S $3.29

I bought back Noble at $3.04 on Friday for Round 11 and this immediate position has a real margin of safety of 6.5% and not an imaginary number in the investor's mind.

Do you know how to play the game of real margin of safety?

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