: This is the most critical concept. It involves buying a stock at a price significantly below its "intrinsic value" to provide a cushion against errors or market volatility. Defensive vs. Enterprising Investors
This is the single most important concept in the book. The margin of safety means buying a stock at a price significantly below its intrinsic (actual) value. For example, if a company's true value is ₹100 per share, buying it at ₹70 gives you a ₹30 margin of safety. If things go wrong, your risk of losing money is greatly reduced. The Intelligent Investor Pdf Tamil
If you were to create a Tamil guide based on the book, here’s how key terms translate: : This is the most critical concept