The Code of Graham: Margins for survival Benjamin Graham, the father of value investing, left behind a principle that has outlived him: always insist on a margin of safety. Buy only when there is a cushion between price and true worth. That buffer is not greed; it is protection against volatility, error, and unforeseen storms. It is sound advice for investors. But it is also a philosophy for lawyers, leaders, and human beings.
Author:
Siddhartha Kumar, Partner
Email: siddhartha@duaassociates.com