Mastery card
I can explain Margin of Safety
Buying for less than you think something is worth - on purpose.
Margin of safety means purchasing an asset at a meaningful discount to your estimate of intrinsic value to cushion mistakes and bad luck.
Sticky trick
Cheaper isn't always safe - but paying far above fair value leaves no room for error.
Take into the room
In plain English, what is Margin of Safety?
Or open the share card 🛡️
Or start your own 5-word trail from home.