Buffett’s Dictum & Your Margin of Safety
Oct 3rd, 2007 | By Adrian Ash | Category: Currencies
"Risk has been abolished — a concept even the TV news anchors can grasp."
"IF YOU UNDERSTOOD a business perfectly and the future of the business, you would need very little in the way of a margin of safety," said Warren Buffett at Berkshire Hathaway's annual meeting in 1997.
He had first ...read more
