DCF Myth 3.1: The Margin of Safety - Tool for Action or Excuse for Inaction?
aswathdamodaran.substack.com
In my last post on dealing with uncertainty, I brought up the margin of safety, the tool that many value investors claim to use to protect themselves against uncertainty. While there are certainly some in the value investing community who have found a good way to incorporate MOS into their investing process, there are many more who seem to have misconceptions about what it does for them as well as the trade off from using it.
DCF Myth 3.1: The Margin of Safety - Tool for Action or Excuse for Inaction?
DCF Myth 3.1: The Margin of Safety - Tool for…
DCF Myth 3.1: The Margin of Safety - Tool for Action or Excuse for Inaction?
In my last post on dealing with uncertainty, I brought up the margin of safety, the tool that many value investors claim to use to protect themselves against uncertainty. While there are certainly some in the value investing community who have found a good way to incorporate MOS into their investing process, there are many more who seem to have misconceptions about what it does for them as well as the trade off from using it.