Insightful Quote by Peter Cundill Download Open image “Protect the downside. Worry about the margin of safety.” — Peter Cundill ★ ★ ★ ★ ★ 3.5 out of 5 (4 ratings) Copy quoteShare Insightful Margins Protect Safety Values Worry
When people have significant risks, that's when their needs for more protection comes into play. — Dylan Alcott Copy Share Image
As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end,… — Richard Branson Copy Share Image
The company must be profitable. Preferably it will have increased its earnings for the past five years and there will have been no deficits… — Peter Cundill Copy Share Image
The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind of investing… — Peter Cundill Copy Share Image
The price must be less than one half of the former high and preferably at or near its all time low. — Peter Cundill Copy Share Image
Try to pick a fund manager who has a well-defined strategy, has been through these things before, and go invest and stay with him. — Peter Cundill Copy Share Image
Why will someone sell you a dollar for 50 cents? Because in the short run, people are irrational on both the optimistic and pessimistic side. — Peter Cundill Copy Share Image
The most important attribute for success in value investing is patience, patience, and more patience. The majority of investors do not possess this characteristic. — Peter Cundill Copy Share Image
You find bargains among the unpopular things, the things that everybody hates. The key is that you must have patience. — Peter Cundill Copy Share Image
When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When… — Peter Cundill Copy Share Image
Just as many smart people fail in the investment business as stupid ones. Intellectually active people are particularly attracted to elegant concepts, which can… — Peter Cundill Copy Share Image
I suspect that my thinking is an eclectic mix, not pure net-net because I couldn’t do it anyway so you have to have a… — Peter Cundill Copy Share Image
The share price must be less than book value. Preferably it will be less than net working capital less long term debt. — Peter Cundill Copy Share Image
The company must be paying dividends. Preferably the dividend will have been increasing and have been paid for some time. — Peter Cundill Copy Share Image
A friend is one with whom you are comfortable, to whom you are loyal, through whom you are blessed, and for whom you are… — William Arthur Ward Copy Share Image
I love writers who are insightful enough to be cynical but choose not to be. — Brian D. McLaren Copy Share Image
Spirituality can be severed from both vicious sectarianism and thoughtless banalities. Spirituality, I have come to see, is nothing less than the thoughtful love… — Robert C. Solomon Copy Share Image
“For their never-ending endeavours to obtain or retain wealth, countries desperately need companies, because they—unlike most human beings—have the means of production, and human… — Mokokoma Mokhonoana Copy Share Image
Downsizing itself is an inevitable part of any creatively destructive economy. — James Surowiecki Copy Share Image
The forces of immorality and Marxism and evil count on one thing: Us not showing up. And often, they're justified in that. And I… — Matt Shea Copy Share Image
Gratitude is the single greatest treasure I will take with me from this experience. — Oprah Winfrey Copy Share Image
We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good… — Charlie Munger Copy Share Image
We need to ask ourselves a question: Do we trust God? Is he not the same yesterday, today, and forever? And if he is,… — Matt Shea Copy Share Image
The strength of character and emotional intelligence to face your failures and learn from them are at the core of success. — Robert Kiyosaki Copy Share Image