Soundbite: Margin of Safety
The Property Voice - A podcast by Richard W J Brown from www.thepropertyvoice.net
Today I discuss my personal interpretation of Margin of Safety. This was made famous by the likes of Benjamin Graham, Warren Buffett and Charlie Munger, all ‘value investors’. Their definition of margin of safety is the difference between an asset’s (or company’s) intrinsic value versus its market value. I take that concept a little […]
