Finding Your Own Circle of Competence: The Difference Between What You Think You Know and What You Actually Know.
Associated with
David Cancel David Cancel
Warren Buffett Warren Buffett
Posted Jul 18, 2021 4 min read
Finding Your Own Circle of Competence: The Difference Between What You Think You Know and What You Actually Know.

Warren Buffett and Charlie Munger rely on the Circle of Competence mental model to make some of their biggest decisions. And you should too. Here's how to make the model work for you.