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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.

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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 Buffet

Warren Buffet quotes

Author's Biography:
Name: Warren Buffet
Born: 30 August 1930
Profession: Investor | Business magnate | Philanthropist |


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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. - Jules Verne quotes