circle of competence Definition

circle of competence

Definition

Warren Buffett's belief that an investor's best strategy is to select an area where they can know significantly more than the average investor (called their circle of competence), and focus their efforts on that area.

This content can be found on the following page:

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

email
print
cite
link
translate
share

circle of competence is ...
... part of the Strategies subject.

Featured Sponsor