When Your Survival finished reading The Lions of Winter by Ty Gagne: the rescue attempt of lost climbers in the Winter of 1982 on Mt. Washington, I thought about you and your margin of safety. As investors in the market we aren’t in control of the actions of others. It’s why we need to be vigilant about navigating in times like these.
In the video below, you can learn about Gagne’s process for writing The Lions of Winter, and about Mt. Washington, home to the “world’s worst weather.”
Action Line: One way to prepare yourself and your investments for the unexpected is knowing your margin of safety. When you want to talk about your margin of safety and your investment portfolio, or skiing Tuckerman’s Ravine, email me at ejsmith@yoursurvivalguy.com. In the meantime, click here to subscribe to my free monthly Survive & Thrive letter.
