circleofcompetence

Warren Buffett said:
👉 “You only need to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing your limits, however, is vital.”
Revered for transforming Berkshire Hathaway Inc. (BRK.A, BRK.B) into a global powerhouse 🌍, Buffett credits his success not to complexity, but to discipline.
💡 In a letter from 1996 to the shareholders of Berkshire, he wrote:
“You do not need to be an expert in all companies, or even in many. You just need to be able to evaluate companies within your circle of competence. The size of that circle is not that important; knowing your limits is vital.”