Ep 116. How to Think About Margin of Safety, Seth Klarman, The Intelligent Investor, and Advice on Looking for Stocks With a Margin of Safety
Focused Compounding
00:00
Understanding Margin of Safety and Debt Considerations
Exploring the concept of margin of safety as approached by Graham in the past, focusing on its origins in bonds and the differences in protection for bondholders today. Additionally, discussing how to calculate margin of safety for companies, considering earnings, fixed costs, interest payments, rent, and debt refinancing, emphasizing the importance of repayment capabilities.
Play episode from 15:05
Transcript
