Margin of Safety

This book delves into the world of value investing, a strategy with a long history of delivering excellent investment results with limited downside risk. The author explains the philosophy behind this approach and why it succeeds while other approaches fail, offering a blueprint for investment success with limited risk. 'Margin of Safety' not only teaches how to invest but how to deeply understand the rationale behind the rules to appreciate why they work when they work, and why they don't when they don't.