Reading rank 434
The Intelligent Investor
, subject: Value investing and margin of safety, 1949
Graham's margin-of-safety principle, the idea that also explains Buffett's conservative financial policy.
4
Coverage Score
1
Scored evidence
About the book
First published in 1949, Graham's practical investment manual contrasts disciplined analysis with market speculation and frames market volatility as an opportunity rather than an instruction.
Why read it
Best if you want the margin-of-safety principle at its source and are weighing how much financial cushion a business should keep.
Key themes
- Margin of safety beyond stock picking
- Restraint as protection against error
Evidence and original sources
Source: official Founders episode — #88
This record is supported by 1 public evidence rows linked to original Founders episodes.
- Warren Buffett's Shareholder Letters— All of them! — Graham's margin-of-safety principle from The Intelligent Investor is used to explain Buffett's conservative financial policy.