If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need. If you're driving a truck across a bridge that says it holds 10,000 pounds and you've got a 9,800 pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay, but if it's over the Grand Canyon, you may feel you want a little larger margin of safety.
'Safety', the wife of Pablo said. 'There is no such thing as safety. There are so many seeking safety here now that they make a great danger. In seeking safety now you lose all.'
Globalization makes our economy, our health, and our security all captive to events on the other side of the world. And no other nation on earth has a greater capacity to shape that global system, or to build consensus around a new set of international rules that expand the zones of freedom, personal safety, and economic well-being. Like it or not, if we want to make America more secure, we are going to have to help make the world more secure.
Oh, the holiness of always being the injured party. The historically oppressed can find not only sanctity but safety in the stateof victimization. When access to a better life has been denied often enough, and successfully enough, one can use the rejection as an excuse to cease all efforts. After all, one reckons, "they" don't want me, "they" accept their own mediocrity and refuse my best, "they" don't deserve me.
Perhaps the most incapable Executive that ever filled the presidential chair...it would be difficult to imagine a man less fit to guide the state with honor and safety through the stormy times that marked the opening of the present century.
…words have been all my life, all my life--this need is like the Spider's need who carries before her a huge Burden of Silk which she must spin out--the silk is her life, her home, her safety--her food and drink too--and if it is attacked or pulled down, why, what can she do but make more, spin afresh, design anew….
I am distinctly opposed to visibly arrogant and arbitrary extremes of government--but this is simply because I wish the safety of an artistic and intellectual civilisation to be secure, not because I have any sympathy with the coarse-grained herd who would menace the civilisation if not placated by sops.
She felt drawing further from her and further from her an Archduke, (she did not mind that) a fortune, (she did not mind that) the safety and circumstance of married life, (she did not mind that) but life she heard going from her, and a lover.
If I was wrong in yielding to persuasion once, remember that it was to persuasion exerted on the side of safety, not of risk. When I yielded, I thought it was to duty; but no duty could be called in aid here. In marrying a man indifferent to me, all risk would have been incurred and all duty violated.