temperament20 September 2017 at 17:32:00 GMT+8
Hi CW****(4 star GENERAL)
"A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad luck, or extreme volatility in a complex, unpredictable and rapidly changing world.” – Seth Klarman
How to achieve this kind of margin of safety?
We can't possibly analyze it!
Only Mr. Market will indicate to us over the next few market cycles whether we have achieved this kind of margin of safety.
Less analyzing. More investing - CW8888
Leave it to Mr. Market as he has the final call!
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