Funnily enough - margin of safety is also exactly what works best in capital(ist) markets. See Graham&Dodd, or Buffett&Munger.
This reminds me that capitalism will probably be just fine once people are reminded (yet again) about what risk is, and that they should treat all their counterparties well, to get those long term win-win situations.
This reminds me that capitalism will probably be just fine once people are reminded (yet again) about what risk is, and that they should treat all their counterparties well, to get those long term win-win situations.