The Circle Of Competence: What You Don’t Know Is Just As Important As What You Do

Rupert Hargreaves

Published onJune 5, 2019

Whenever he's evaluating an investment, the first question Warren Buffett asks himself is if he understands the business. To put it another way, the Oracle of Omaha will only consider stocks for his investment portfolio at Berkshire Hathaway if they fall into his circle of competence.

Q1 hedge fund letters, conference, scoops etc

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Buffett invented the idea of the circle of competence several decades ago, and it has since become a universal principle in investing. And today it's more important than ever to...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

The Circle Of Competence: What You Don’t Know Is Just As Important As What You Do

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