Customer Quote by Joel Greenblatt
““Graham figured that always using the margin of safety principle when deciding whether to purchase shares of a business from a crazy partner like Mr. Market was the secret to making safe and reliable investment profits.””
About This Quote
Source Book: The Little Book That Still Beats the Market by Joel Greenblatt, 2010
Applying a safety buffer when buying stocks from volatile sellers helps ensure consistent, low‑risk returns.
In simple terms: Use a margin of safety for reliable investing.
Key Takeaway
Prioritize safety over hype.
Themes
investment
risk management
value investing
Mood
cautious
analytical
Type
advisory
educational
When to use this quote
- stock selection
- portfolio building
- financial planning
Key Concepts
margin of safety
behavioral finance
market volatility
Questions to Reflect On
- How do you define an acceptable safety margin?
- When might taking a calculated risk be worthwhile?
A Different Perspective
Safety buffers can limit upside in fast‑growing markets.
![“There's a clarity that comes with great ideas: You can [easily and simply] explain why something's a great business, how and why it's cheap, why it's cheap for temporary reasons and how, on a normal basis, it should be trading at a much higher level. You're never sitting there on the 40th page of…” quote by Joel Greenblatt](https://sms4smile.com/quotes/img-quotes/ffb/joel-greenblatt-21588_agonizing_there-s-a-clarity-that-comes-with-great_467148.jpg)
