The U.S. and European markets have become mature, profit margins are lower, and equipment isnt so new. Because profits are relatively low, it limits the willingness of companies to invest in newer equipment.
Being under the microscope meant I was never given any slack. I still managed to screw up plenty in life, mind you, but in the things I really cared about - the legal work, or the stories I was telling as a writer, or the office I built in government - I wasn't left a lot of margin for error. It's kept me driven.
Nor must Uncle Sam's Web-feet be forgotten. At all the watery margins they have been present. Not only on the deep sea, the broadbay, and the rapid river, but also up the narrow muddy bayou, and wherever the ground was a little damp, they have been, and made their tracks.
Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.
Don't be a perfectionist, because perfectionists often spend too much time on little differences at the margins at the expense of other big, important things. Be an effective imperfectionist. Solutions that broadly work well (e.g., how people should contact each other in the event of crises) are generally better than highly specialized solutions (e.g., how each person should contact each other in the event of every conceivable crisis).
There are only a few things investors can do to counteract risk: diversify adequately, hedge when appropriate, and invest with a margin of safety. It is a precisely because we do not and cannot know all the risks of an investment that we strive to invest at a discount. The bargain element helps to provide a cushion for when things go wrong.
Even with a margin of safety in the investor's favor, an individual security may work out badly. For the margin guarantees only that he has a better chance for profit than for loss - not that loss is impossible. But as the number of such commitments is increased the more certain does it become that the aggregate of the profits will exceed the aggregate of the losses.
It is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buyer is informed and experienced and he practices adequate diversification. For, if the price is low enough to create a substantial margin of safety, the security thereby meets our criterion of investment.
There is a close logical connection between the concept of a safety margin and the principle of diversification.
The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price.
No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on what Graham called the "margin of safety" - never overpaying, no matter how exciting an investment seems to be - can you minimize your odds of error.
The three most important words in investing...Margin of Safety.
A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum.
Launch your vessel, And crowd your canvas, And, ere it vanishes Over the margin, After it, follow it, FollowThe Gleam.
So near along life's stream are the fountains of innocence and youth making fertile its sandy margin; and the voyageur will do well to replenish his vessels often at these uncontaminated sources.
I sip the Dom P watching Gandhi til I'm charged - writing in my book of rhymes, all the words past the margin
It is the growing periphery of the Arab world - the masses at its margins, not its feeble and decaying center - that is shaping the future of the region.
Every woman who has any margin of time or money to spare should adopt some one public interest, some philanthropic undertaking,or some social agitation of reform, and give to that cause whatever time and work she may be able to afford.
The observer of the soul cannot penetrate into the soul, but there doubtless is a margin where he comes into contact with it. Recognition of this contact is the fact that even the soul does not know of itself. Hence it must remain unknown. That would be sad only if there were anything apart from the soul, but there is nothing else.
Those in the margins are always trying to get to the center, and those at the center, frequently in the name of tradition, are trying to keep the margins at a distance.
I learned how to draw from being bored in school. I would doodle on the margins of my paper
By the margin of fair Zurich's waters Dwelt a youth, whose fond heart, night and day, For the fairest of fair Zurich's daughters In a dream of love melted away.
Is it wholly fantastic to admit the possibility that Nature herself strove toward what we call beauty? Face to face with any one of the elaborate flowers which man's cultivation has had nothing to do with, it does not seem fantastic to me. We put survival first. But when we have a margin of safety left over, we expend it in the search for the beautiful. Who can say that Nature does not do the same?
War is the province of chance. In no sphere of human activity is such a margin to be left for this intruder. It increases the uncertainty of every circumstance, and deranges the course of events.
Living on borders and in margins, keeping intact one's shifting and multiple identity and integrity, is like trying to swim in a new element, an "alien" element.
Follow AzQuotes on Facebook, Twitter and Google+. Every day we present the best quotes! Improve yourself, find your inspiration, share with friends
or simply: