The concept of the "Circle of Competence" has been used over the years by Warren Buffett as a way to focus investors on only operating in areas they knew best. The bones of the concept appear in ...

The concept of the "Circle of Competence" has been used over the years by Warren Buffett as a way to focus investors on only operating in areas they knew best. The bones of the concept appear in ...

Yet both have built empires using similar methods. It’s what Buffett calls his “circle of competence” or, as Winfrey explained it in the miniseries Making Oprah, “running your own race.” ...

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 ...

drawing an analogy to baseball legend Ted Williams’s approach to hitting that Buffett has often cited. By making decisions strictly within the confines of your circle of competence, you can ...

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 ...

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 ...