Posted by valuegrowth > 2017-01-07 13:28 | Report Abuse

Very good writing, thank you

Posted by stockmanmy > 2017-01-07 15:13 | Report Abuse

margin of safety as the difference between the share price and actual value of a stock
and the actual value of a stock is the share price.

every thing else is an illusion. There is no Natural Law and natural value to it....just some man made conventions.

all values are relative and depends.

the only margin of safety is your business sense and intuitions.

Posted by stockmanmy > 2017-01-07 15:19 | Report Abuse

I am sure stock market is a great challenge to all engineers who are so used to systems, formulas and certainties.