On a recent episode of The Investing for Beginners Podcast titled Back to the Basics: Circle of Competence, co-host Stephen ...

As entrepreneurs, all of us get the itch to test new waters, hoping to become rich by widening the circle. The concept of the “circle of competence” is best explained by Warren Buffett: What an ...

I spent my last three articles focusing on the topic of circle of competency. It's truly the most important concept in value investing because everything else has to build on the circle of competency.

In this week's episode, we'll discuss the importance of the circle of competence and that you should be careful about investing in anything that you don't understand. We also talk about what you ...

It’s true, diversification is a critical tool in any investor’s toolbox, but how important is it to own individual stocks that offer diversification of their revenues? After years of sounding the plea ...

Buffett and Munger initially developed the Circle of Competence to limit where to make financial investments (based on their own understanding and experience). But I’ve found the model to be useful in ...

In my previous article I shared my favorite quotes from Li Lu on the subject of circle of competency. While those quotes are great, they won't have any practical value unless we can actually put them ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. If it were up to Peter Lynch, "Buy what you know" would be the only ...

The biggest mistakes are mistakes of omission, not commission. It’s the things you knew enough to do — they were within your ...

Warren Buffett, the billionaire investor behind the success of Berkshire Hathaway, is widely admired not just for his wealth, but for his simple, time-tested investment philosophy rooted in discipline ...