Achieve Quote by Peter Cundill
“The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind of investing is one of the most effective ways of achieving good long term results.”
About This Quote
Source Book: "Margin of Safety" by Peter Cundill, 1991
Investors should buy stocks below their liquidation value, creating a safety margin that leads to strong long‑term performance.
In simple terms: Buy cheap, sell high, using a safety buffer.
Key Takeaway
Apply margin of safety in investment decisions.
Themes
investing
finance
risk management
value investing
Mood
analytical
prudent
Type
financial
educational
When to use this quote
- stock analysis
- portfolio building
- financial planning
- risk assessment
Key Concepts
margin of safety
intrinsic value
long‑term strategy
Questions to Reflect On
- How do you calculate liquidation value?
- What risks remain despite a safety margin?
A Different Perspective
Market volatility can erode perceived safety margins.
