Last month the fund managers and value investors Guy Spier and Mohnish Pabrai took part in a virtual discussion and Q&A session with the Helvetian Investment Club. The title of the session was "Principles For Building Wealth & Wisdom."
One of the main principles for building wealth is to have a circle of competence and stick within it, no matter what.
Defining the Circle of Competence
Describing what a circle of competence is is difficult because everyone will have a different circle based on their psychology and experiences.
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
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