The Circle Of Competence: What You Don’t Know Is Just As Important As What You Do

HFA Padded
Rupert Hargreaves
Published on
Berkshire Hathaway Warren Buffett

Whenever he’s evaluating an investment, the first question Warren Buffett asks himself is if he understands the business. To put it another way, the Oracle of Omaha will only consider stocks for his investment portfolio at Berkshire Hathaway if they fall into his circle of competence. Q1 hedge fund letters, conference, scoops etc If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Buffett invented the idea of the circle of competence several decades ago, and it has since become a universal principle in investing. And today…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger 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