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Question
What was Benjamin Graham's concept of "margin of safety," as introduced in his work beginning with Security Analysis in 1934?
1
The minimum level of earnings growth required before an analyst recommends a stock
2
A regulatory requirement for retail investors to hold reserve capital before buying equities
3
The practice of only buying an asset at a significant discount to its estimated intrinsic value, providing a buffer against errors in valuation
4
The percentage of a portfolio to hold in bonds as protection against equity losses
Press 1–4 to pick an answer
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