Things don’t always go as planned. You need to have a buffer between what we expect to happen and what could happen. That’s margin of safety.
Engineers build a bridge to sustain more than double its maximum capacity. Investors only choose business they understand so that they can calculate the margin of safety. You need to save for rainy days.
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Lifelong learner and content creator. Helping you to find joy at work, get more things done, and be your best self.
This book is great because of its simplicity. For some readers, the ideas may not be new, but I think it’s because they’re true and proven to be effective. I am sharing here what’s most interesting to me plus additional examples to make it easier to understand.
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