Showing posts with label truck. Show all posts
Showing posts with label truck. Show all posts

Sunday, 11 August 2019

The Importance of Margin of Safety in Life and Investing: Only the Paranoid Survive

If someone asked me, "What is one investing rule you would never break?", I would immediately say "Margin of Safety" without flinching. In fact, it has almost become an instinct for me to claim a Margin of Safety for every single one of my investment ideas. Why is being cautious so important in investing?