Circle of Competence

Welcome to the Circle of Competence Blog! I’m an ever-learning investor hope to impart my own insights into securities, value investing, the world of Wall Street, or anything financial that comes to mind. Leave comments or drop me an e-mail and tell me what you think, what you’d like to hear, or tell me I stink!

I’ll stay within my circle of competence, and I’ll even tell you when I’m outside of it. I believe the most important traits a long term investor can have is a well defined circle of competence and a solid framework in the mold of Ben Graham, Warren Buffett, and Charles Munger, whom I’ll adoringly refer as the Holy Trinity of Value Investing.

I won’t necessarily disclose my holdings up front, but If I post about one, I’ll make sure to let you know if I own it.

I hope to learn more about my own framework, and get some criticism from my readers. I’m inexperienced by most measures, and not all that smart anyways.

I’ll leave you with a quote:

“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.”