Learn more about moneyandinvestments with this collection
Identifying and eliminating unnecessary expenses
How to negotiate better deals
Understanding the importance of saving
“Rule no. 1: Never lose money. Rule no. 2: Never forget rule number 1”
WARREN BUFFETT
27
356 reads
MORE IDEAS ON THIS
What is Margin of Safety?
‘Margin of safety’ is the difference between a stock price and its intrinsic worth, or value.
So if a stock is trading at $70 in the market, and you calculate the company’s intrinsic value as $100, you have a margin of safety of $30 (100 minus 70). In other terms, the sto...
23
282 reads
“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price”
WARREN BUFFETT
21
306 reads
CURATED FROM
IDEAS CURATED BY
Take note of these great quotes by Warren Buffett on Investing!
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Related collections
Other curated ideas on this topic:
Never Lose Money
- Rule No 1: Never lose money.
- Rule No 2: Never forget rule No. 1.
If you work from a loss, it's much harder to get back to where you started, not to mention earn gains.
Twelve Ways of Winning People to Your Way of Thinking
Rule 1: The only way to get the best of an argument is to avoid it.
Rule 2: Show respect for the other man's opinions. Never tell a man he is wrong.
Rule 3: If you're wrong, admit it quickly and emphatically.
Rule 4
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