Status Updates From The Warren Buffett Way, 30t...
The Warren Buffett Way, 30th Anniversary Edition (Wiley Investment Classics) by
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joanne
is on page 45 of 325
I LOVE how this is so clear! It really goes: the best strat is safety-of-margin. Oh what's that? It's having a market price less than it's intrinsic value. Oh how much less? 2/3 of its net asset value. Oh you want to be able to determine intrinsic value? Here are 15 points from Fisher. Oh you DON'T want to know the history of that term? Well, here you are anyway. No stone left unturned!
— Nov 04, 2025 09:39PM
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