One phrase bandied around more than others in the investment world is Margin of Safety. It probably means having a high confidence of assuredness in not losing money. And it is something a lot of investors say as long as the stock price can fall a lot and my buy price is far below the current price, I have margin of safety. Today probably we are not going to talk about active investing, so perhaps lets make that as some soul searching whether the above explanation is margin of safety. We came across an article that perhaps well articulates how this phrase can be used to describe assuredness in living ones life. [Farnam Street | Margin of Safety] Not many can give an analogy that makes understanding the concept simple but the author was able to. It might help you guys in the soul searching above. The author ......