MOS, Margin Of Safety,
is one of the key points in Benny G’s Intelligent Investor.
And hence, the heart of Value Investment.
However, just as the term Value Investor, the MOS is ubiquitous and overused.
It is common to see people mentioning MOS as if it is the magic word in the Investment.
It is overused and under-understood (let’s pretend such word exists). (:
Let me try (so I can say, at least I’ve tried) to put our understanding in perspective, shall we?