Margin Of Safety Book Review. Nevertheless the lessons to be learned from reading the book are timeless. A.}, abstractnote = {the nuclear safety management final rule, 10 cfr 830, provides an undefined term, margin of safety (mos).
A margin of safety is necessary because valuation is an imprecise art, the future is unpredictable, and investors are human and make mistakes. And by investing at a discount, he will be unlikely to experience losses.” a mos is achieved when securities are purchased at prices sufficiently below underlying value, to allow for human error, bad… It is useful to get their differential insights.
@article{osti_1134068, title = {margin of safety definition and examples used in safety basis documents and the usq process}, author = {beaulieu, r.
Sally hogshead is the author of this superb book. “margin of safety” is written inclear and concise language. 448 pages · 2014 · 10 mb · 4,227 downloads · new! Graham really was a pioneer in behavioral finance before behavioral finance was even a thing, and the margin of safety concept was one of the first tools that allowed investors to overcome their own.