margin of safety

简明释义

安全边际

英英释义

例句

1.A good rule of thumb is to maintain a margin of safety in your budget for unexpected expenses.

一个好的经验法则是在预算中保持一个安全边际以应对意外开支。

2.The pilot calculated a margin of safety for fuel to ensure a safe landing.

飞行员计算了一个安全边际的燃料量，以确保安全着陆。

3.The concept of margin of safety is crucial in risk management to minimize financial exposure.

在风险管理中，安全边际的概念至关重要，以最小化财务风险。

4.Engineers often design structures with a margin of safety to ensure they can withstand unexpected loads.

工程师通常设计结构时留有安全边际，以确保它们能够承受意外负载。

5.When investing in stocks, it's important to have a margin of safety to protect against potential losses.

在投资股票时，拥有一个安全边际以保护自己免受潜在损失是很重要的。

作文

In the world of finance and investing, the concept of margin of safety plays a crucial role in decision-making. Essentially, it refers to the difference between the intrinsic value of an asset and its market price. This principle, popularized by renowned investor Benjamin Graham, is used to minimize risk and protect against potential losses. By ensuring that there is a substantial margin of safety, investors can safeguard their investments against unforeseen market fluctuations and downturns.To illustrate this principle, consider the example of purchasing stocks. An investor might analyze a company's financial health, growth prospects, and competitive position to determine its intrinsic value. If the intrinsic value is calculated to be $100 per share, but the market price is only $70, the investor has a margin of safety of $30. This buffer provides a cushion against potential errors in valuation or unexpected adverse events that could negatively impact the stock's price.The margin of safety is not limited to stocks; it can also apply to other investments such as real estate, bonds, and even business ventures. For instance, when buying property, an investor might assess the property's worth based on location, condition, and market trends. If they purchase the property significantly below its assessed value, they create a margin of safety that protects them from market volatility and ensures a profitable return on investment.Moreover, the margin of safety concept extends beyond financial investments. It is a principle that can be applied to various aspects of life, including engineering, healthcare, and project management. In engineering, for example, structures are designed with a margin of safety to withstand forces greater than those anticipated during normal use. This ensures that buildings and bridges remain safe and functional even under extreme conditions.In healthcare, the margin of safety can refer to the dosage of medication prescribed to patients. Physicians often prescribe medications with a certain degree of caution, ensuring that the dosages provide therapeutic effects while minimizing the risk of adverse reactions. By maintaining a margin of safety, healthcare providers can enhance patient outcomes and reduce the likelihood of complications.In project management, the margin of safety is reflected in timelines and budgets. Project managers often allocate extra time and resources to account for unexpected challenges that may arise during the project lifecycle. This proactive approach helps ensure that projects are completed successfully, even when faced with unforeseen obstacles.In conclusion, the margin of safety is a vital concept that transcends various fields, from finance to engineering and healthcare. By understanding and applying this principle, individuals and organizations can make more informed decisions, mitigate risks, and ultimately achieve greater success. Whether investing in stocks, designing safe structures, or managing complex projects, the margin of safety serves as a protective measure that enhances stability and security in an unpredictable world.

在金融和投资的世界中，‘安全边际’的概念在决策中起着至关重要的作用。它本质上是指资产的内在价值与其市场价格之间的差异。这个原则由著名投资者本杰明·格雷厄姆（Benjamin Graham）推广，用于最小化风险并保护投资免受潜在损失。通过确保有足够的‘安全边际’，投资者可以保护他们的投资免受不可预见的市场波动和下滑的影响。为了说明这一原则，可以考虑购买股票的例子。投资者可能会分析公司的财务健康状况、增长前景和竞争地位，以确定其内在价值。如果内在价值被计算为每股100美元，但市场价格仅为70美元，投资者就拥有30美元的‘安全边际’。这个缓冲为潜在的估值错误或可能对股票价格产生负面影响的意外不利事件提供了保护。‘安全边际’不仅限于股票；它也适用于其他投资，例如房地产、债券甚至商业风险。例如，在购买物业时，投资者可能会根据位置、状况和市场趋势评估该物业的价值。如果他们以明显低于评估价值的价格购买该物业，他们就创造了一个‘安全边际’，这保护他们免受市场波动的影响，并确保投资的盈利回报。此外，‘安全边际’的概念超越了金融投资。它是一个可以应用于生活各个方面的原则，包括工程、医疗保健和项目管理。在工程中，例如，结构的设计具有一定的‘安全边际’，以承受比正常使用情况下预期的更大的力量。这确保建筑物和桥梁在极端条件下仍然安全和功能正常。在医疗保健中，‘安全边际’可以指处方给患者的药物剂量。医生通常会谨慎开处方，确保剂量能够提供治疗效果，同时将不良反应的风险降到最低。通过保持‘安全边际’，医疗提供者可以改善患者的治疗结果，并减少并发症的可能性。在项目管理中，‘安全边际’体现在时间表和预算中。项目经理通常会分配额外的时间和资源，以应对在项目生命周期中可能出现的意外挑战。这种主动的方法有助于确保项目成功完成，即使面临不可预见的障碍。总之，‘安全边际’是一个重要的概念，超越了各个领域，从金融到工程和医疗保健。通过理解和应用这一原则，个人和组织可以做出更明智的决策，降低风险，并最终获得更大的成功。无论是投资股票、设计安全结构还是管理复杂项目，‘安全边际’都作为一种保护措施，在不可预测的世界中增强了稳定性和安全性。