Risk Disclosure

Educational purpose only

This website and every lesson delivered through the free classroom on WhatsApp are provided for general investor education only. Nothing published by Margin of Safety Research — on this page, in the classroom, or in any message — constitutes investment advice, a personal recommendation, an offer, or a solicitation to buy or sell any security, fund, bond, derivative or other financial product.

No specific securities

The topics discussed — stock analysis, trading discipline, position sizing, diversification — are taught as general method only. We name no specific securities, tickers or issuers, and no statement we make should be read as pointing to any. No view expressed implies any expectation about the future performance of any company, sector or asset class.

Risk of loss

All investing involves risk, including the possible loss of your entire invested capital. Markets can fall sharply and stay depressed for long periods. Method reduces the role of luck; it does not remove risk. Position sizing and stop rules are taught precisely because some trades will go wrong no matter how careful the analysis.

Past performance and history

Past performance is not a reliable indicator of future results. Historical episodes discussed in our material — railway mania, the dot-com peak, earlier technology build-outs — are illustrations of how crowds and prices have behaved before, not claims about what will happen next.

No advisory relationship

Reading this page or receiving lessons through WhatsApp does not create an adviser–client relationship. Margin of Safety Research is not registered with the U.S. Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any state securities regulator as an investment adviser or broker-dealer, and does not hold itself out as doing so.

Your responsibility

Please make decisions independently, in line with your own financial situation, objectives and risk tolerance. If you are unsure whether a course of action is suitable for you, consult a licensed financial adviser before acting. Nothing in our material should be treated as a substitute for that advice.

External platforms

Classroom delivery relies on WhatsApp, a service operated by WhatsApp / Meta under its own terms and privacy policy. We do not control that platform, and this disclosure does not extend to content or practices on it.