Will Chinese Stocks Like Alibaba Be Delisted? + New Ray Dalio and Mohnish Pabrai Interviews
The Young Investors Podcast
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Is There a Margin of Safety in Investing in Companies?
When it comes to intrinsic value, you actually don't need to be super precise. The principle of margin of safety is just the whole reason we take like, 30 or 50 % margin of safety. If coke is offered to you at five times trailing earnings, it's a no brainer. But if it's offered toYou at 12 or 13 times trailing earnings,. then you don't really know a so you'll say it yet in terms of intrinsic value. You have to just look an be like, odd. This is obvious. And i guess, when i thought about it more, what he's really describing is just the principle ofmargin of safety. A, because when we
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