Circle of Competence

Home
All Questions
Questions for Circle of Competence (5)
1
Answer
What are the specific boundaries of Charlie Munger's 'Circle of Competence' theory?
Updated At
8/17/2025
1
Answer
Did Charlie Munger ever invest in industries outside his circle of competence, and what were the results?
Updated At
8/17/2025
1
Answer
Why did Charlie Munger say that staying within your 'Circle of Competence' is the highest form of wisdom?
Updated At
8/17/2025
1
Answer
The investment in IBM ended in a loss. What does this signify? Was it a misjudgment of the circle of competence?
Updated At
8/17/2025
1
Answer
How has Warren Buffett's 'circle of competence' expanded over time? From textile mills to Apple, is he breaking his own rules or redefining them?
Updated At
8/17/2025