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— Warren Buffett"If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety."
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I think one of the things people don't understand is we can build more shareholder value by lowering product prices than we can by trying to raise margins. It's a more patient approach, but we think it leads to a stronger, healthier company. It also serves customers much, much better.
— Jeff Bezos
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As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety.
— Edwin Lefevre
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