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RWH020: The Disciplined Growth Investor w/ Fred Martin
We Study Billionaires - The Investor’s Podcast Network
The Margin of Safety in Flying
In the acknowledgments of your book, you talk about how Jim Dobech, who's been the chief pilot for your firm since 2003 and who's a very interesting guy, I think, former paratrooper and Ranger. He's got game. Yeah. You said, in addition to his superb flying skills, he showed me how to apply the margin of safety to flying. And I wondered if we could talk a little bit about how this fundamental idea of themargin of safety, which you obviously applies in climbing solo on a mountain without ropes or anything? Also applies in investing, also applies in flying. Oh, my goodness. So let me just begin. When you ask these questions,
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