A Quote by Warren Buffett

If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.

Warren Buffett

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Approaching Circle Competence Operating Our Perimeter Recognizing Strength Well Within

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Warren Buffett
American - Businessman
Born: August 30, 1930

The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.

Warren Buffett

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.

Harriet Morgan

Community means strength that joins our strength to do the work that needs to be done. Arms to hold us when we falter. A circle of healing. A circle of friends. Someplace where we can be free.

Starhawk

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?

Zadie Smith

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.

Warren Buffett

An organization's success has more to do with clarity of shared purpose, common principles and strength of belief in them than to assets, expertise, operating ability or management competence, important as they may be.

Dee Hock

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.

John Kennedy Toole

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.

Warren Buffett

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.

Mohnish Pabrai

I think investors ought to focus on making sure that the stock is within their circle of competence, that it's worth a lot more than it's valued at - and once you have those two things, a stop-loss makes no sense.

Mohnish Pabrai

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.

Mohnish Pabrai

Finding the center of strength within ourselves is in the long run the best contribution we can make to our fellow men. ... One person with indigenous inner strength exercises a great calming effect on panic among people around him. This is what our society needs - not new ideas and inventions; important as these are, and not geniuses and supermen, but persons who can be, that is, persons who have a center of strength within themselves.

Rollo May

The strength of collective decision making and political responsibility is not only a question of recognizing other people's ability. It is also recognizing one's own limitations.

Aruna Roy

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.

Ernst Junger

I think that we had a different view of what the 21st century could be like, with much more of a sense, from our perspective, of trying to have an interdependent world: looking at solving regional conflicts, having strength in alliances, operating within some kind of a sense that we were part of the international community and not outside of it.

Madeleine Albright

Recognizing Quebec as being different, recognizing our history, recognizing our identity, has never meant a weakening of Quebec and has never been a threat to national unity.

Jean Charest

A Quote by Warren Buffett

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