This reflects that any estimate of fair value is just that: an estimate, not a precise figure, so the margin of safety provides a much-needed cushion against errors and misfortunes.

这表明，任何对公允价值的估计仅仅只是一种估计，而不是一个确切的数字，所以安全边际提供了应对错误和不幸所急需的缓冲。

youdao

Yet not all criticism of fair value can be so easily dismissed.

然而，并非所有针对公允价值的批评都可以轻易忽略。

youdao

Not only are real interest rates negative, but inflation is also helping to bring the housing market back to fair value with a smaller fall in prices than otherwise.

不仅实际利率是负数，而且通胀也帮助房地产市场用比其他国家更小的跌幅回归公平价值。

youdao

It is an under-statement to say that it is only a matter of time before companies that do not consistently offer fair value will go out of business.

FORBES: Are you really trying to gain leadership in the market?

So you see, what it means when a stock is trading at fair value is that you are not going to make additional money from a trending back up to fair value.

FORBES: You Don't Make A Killing Buying Stocks At Fair Value

Because the issuer determines the fair value of the CVR by designating a discount rate that purportedly estimates the likelihood that the milestones will or will not occur, the fair value measurement itself is highly controversial.

FORBES: Shadowy Shares: The Dark Side of Contingent Value Rights