A Quote by Warren Buffett
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.
Related Quotes
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
So we see that even when Fortuna spins us downward, the wheel sometimes halts for a moment and we find ourselves in a good, small cycle within a larger bad cycle. The universe, of course, is based upon the principle of the circle within the circle. At the moment, I am in an inner circle. Of course, smaller circles within this circle are also possible.
I love being in the present. When I was playing for my school, the only thing I wanted to do was get selected for the under-16 or the under-19 district teams. When I was selected for the district, I would think about the next level, which was getting selected for the state side. I'm a person who lives very in the moment.
The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.
If you try to make your circle closed and exclusively yours, it never grows very much. Only a circle that has lots of room for anybody who needs it has enough spare space to hold any real magic.
When I was playing for my school, the only thing I wanted to do was get selected for the Under-16 or the Under-19 district teams. When I was selected for the district, I would think about the next level, which was getting selected for the state side.
Enlightenment is to be outside the circle, the circle of death and rebirth. There is a circle inside you. If you meditate and focus on your third eye, you will see a circle of light.
I don't understand these national awards, because half of those who sit in judgement over Indian films do not... possess the competence to evaluate a film correctly.
Surely there is something to be said for drawing a circle around our attention and remaining within that circle. But how large should this circle be?
Traditional technical interviews are terrible for everyone. They're a bad way for companies to evaluate candidates. They're a bad way for candidates to evaluate companies. They waste time and generate stress on both sides.
I have this concept about the circle of fear, it's like a ring of fire what you're afraid of is your boundaries in life and if you don't confront them you're in the centre of this circle of fire.
The public examination of homosexuality in our contemporary life is still so coated with distasteful moral connotations that even a reviewer is bound to wonder uneasily why he was selected to evaluate a book on the subject, and to assert defensively at the outset that he is happily married, the father of four children and the one-time adornment of his college boxing, track and tennis teams.
What is John Arriaga's circle of competence? Is it real estate? No! Is it U.S. real estate? No! Is it California real estate? No! Northern California real estate? No! Only real estate around Stanford. His circle of competence is this small.
I am a programmer. If I write code, I don't evaluate the results by what I hope the code will be. I evaluate it by what happens when I compile it. I evaluate it by results.
We do not escape our boundaries or our innermost being. We do not change. It is true we may be transformed, but we always walk within our boundaries, within the marked-off circle.
Our family is a circle of strength and love...Our family with ever birth and every union the circle grows, our family is a circle of strength every crisis faced together makes the circle stronger.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Elon Musk Quotes
South African
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman