Buffett has lost Billions. But he LOVES crashes more than new market highs. Here’s his secret for crash proof portfolios.
Margin of Safety is a concept not taught by most business schools today. They teach Modern Portfolio Theory and tell us that risk is defined by how much a portfolio goes up and down AFTER it has already happened. But the most successful investors know that the time to buy quality companies is when they are offered a bargain.
But how do we know a bargain when we see one?
In this video, Certified Financial Planner, Joe Franklin shares the wisdom of Warren Buffett, Charlie Munger and others to simply explain the concept of Margin of Safety, He details when and why we should be buying great companies, bonds and other investments “on sale”.
Learn how to understand stocks by first understanding bonds and when they are undervalued versus overvalued.
