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ValueInvestor01

08/13/19 10:22 AM

#157025 RE: MaterialMind #157024

Just like I said it, even if my calculation is off by 90% it is highly unlikely I am paying too much for both SIAF and TRW ownership. Therefore, I don’t need it to be accurate to the penny to make a sound investment decision. That’s the whole purpose of margin of safety, it gives you room for errors. So whether I am off by 0.03 or $1 it won’t matter much.