Is There a Margin of Safety in a Stock?

A margin of safety allows the business to perform worse than you expect based on your initial calculations, and still make you the return that you desire. Hamish: Covert for example, even if covert only lasts a year or impacts a business for one year, it can have a big impact on the cash flows that sness produces over, say, a five year period, or over a ten year period. And that's just pabak, dirt, an blubbe, and it's just something you can't predict. Bo: I did find myself wondering what happens once i've invested fair enough a do i need to scour annual reports yearly and adjust my position, et c