The margin of safety idea applies to
circles of competence as well.
Not exact matches
Who needs to listen to folks like Warren Buffett
as they constantly espouse the virtues
of staying within your
circle of competence?
Instead
of being a market timer, I'm a buy - and - sell investor, with a focus on valuing individual stocks.Find stocks that lie within your
circle of competence, analyze them
as to whether they meet your qualitative criteria (such
as competitive advantage, strong balance sheet, high return on capital, shareholder - friendly management.
So use your advantage
as a long - term investor to its fullest — go beyond the «obvious» bargains to ones that are far more likely to result in success if you stay within your
circle of competence.
And
as investors become more experienced, hopefully they become more comfortable with what they know and what their
circle of competence is.
In the end,
as I've said, it's not about Apple — it's about challenging yourself
as an investor to always have an open mind & to always seek to expand your
circle of competence.
There is no way that I know
of to estimate their intrinsic value, and therefore whether they be tulips, gold, crypto - «currency» or other things that have not yet been imagined, but which derive their worth solely from the opinion
of others, I plan to stay far away from them
as they fall outside
of my
circle of competence.
Over time, like mine, your list
of Possibles will keep expanding (
as should your
circle of competence).
That Munger and Buffett have a more limited
circle of competence does not mean that a technology stock can't be evaluated using value investing
as an analytical style.
I will be utilising the fabulous resources available on the Kids matter ways website and create a larger acknowledgement to country in our foyer.I will update the Koori Mail that is in our foyer on a more regular basis and I will display the Cultural
Competence Continuum in the staff room, discuss adding symbols to visually explain our philosophy, utilise some
of the animations
as a way
of starting our yarns in our new yarning
circle and display the 8 ways
of learning in our EL book after discussing at a staff meeting.
As I examine NRF as a potential investment, I ask myself whether I would want to own an «incubator» or a REIT that invests in a «circle of competence.&raqu
As I examine NRF
as a potential investment, I ask myself whether I would want to own an «incubator» or a REIT that invests in a «circle of competence.&raqu
as a potential investment, I ask myself whether I would want to own an «incubator» or a REIT that invests in a «
circle of competence.»