Berkshire Hathaway's (BRK-B, BRK-A) cash holdings reach a record high as the firm cuts its stake in names like Apple (AAPL) ...
One of the most successful investors of all time, Warren Buffett, has often talked about his “circle of competence.” He ...
In his 1996 letter to Berkshire Hathaway investors, he wrote, “You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important ...
success hinges on knowing the boundaries of your circle of competence. Accurately gauging what you know — and more importantly, what you don’t — can mean the difference between success and ...
Smead explains Buffett's strategy of expanding his "circle of competence" to better invest outside of Wall Street's biggest names. "Buffett used to talk a lot about the idea of your circle of ...