A margin of safety is the difference between a stock's market price and its intrinsic value, or the supposed "discount" a stock is trading at. Stocks fluctuate in price constantly, and longer-term ...
The concept of "margin of safety" - which originates from Benjamin Graham's earliest teachings - is a core tenet of value investing. As Graham wrote in the very last chapter of The Intelligent ...
To me, they are both extensions of Ben Graham’s original value-investing and margin-of-safety theories. I am quite familiar with the Magic Formula, although I have not used it as much as I ...