Hire good people and let them do their jobs. To that end, a useful mental model to employ is the "circle of competence" — ...
In investing, Buffett emphasizes the importance of recognizing your circle of competence and staying within its boundaries. The concept is a mental model he developed with Charlie Munger ...
AI doesn’t replace human creativity; it expands our circle, inviting us to new heights of collaboration and invention.
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 ...
Buffett is a longtime champion of the concept of a circle of competence. For decades ... the earnings of companies with ...
I believe generating alpha is easy for any individual that dedicates the time to researching companies within their circle of competence AND shows the patience and discipline to not over pay.
had previously avoided technology stocks because they admittedly fell outside his circle of competence. Wall Street was even more surprised when Apple eventually became Berkshire's largest holding ...
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 ...
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 ...