Marketing
The one thing your business needs to survive in 2018
Last week, I was watching a speech by Charlie Munger, Warren Buffet’s right hand man.
In it, Munger said:
“One idea [investors] use is one Benjamin Graham borrowed from engineering, which is the concept of a margin of safety.
In other words, factoring all the probabilities, you want a margin of safety in what you’re doing. And that’s a very good concept when you’re (more…)