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Circle Of Competence
The short answer
A theory by Warren Buffett highlighting the importance of only investing in businesses or sectors you understand well or have sufficient knowledge about.
What is Circle Of Competence?
A theory by Warren Buffett highlighting the importance of only investing in businesses or sectors you understand well or have sufficient knowledge about.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
Educational information only. Nothing on this page is personal financial, tax or legal advice. Investing involves risk, including the possible loss of principal.
