Have Margin of Safety - Deepstash

Have Margin of Safety

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.

312

1.17K reads

CURATED FROM

IDEAS CURATED BY

clevercoworker

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.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates