Staying within ones circle of competence is critical. Growing that circle is also important (and one of the great joys of investing!). To expand our circles, we simply follow rabbit holes of curiosity all the while learning and acting in small, consistent steps.
Kingswell, this article was superb. Thank you!
Staying within ones circle of competence is critical. Growing that circle is also important (and one of the great joys of investing!). To expand our circles, we simply follow rabbit holes of curiosity all the while learning and acting in small, consistent steps.
Thanks! I love that point about following rabbit holes of curiosity and taking small, consistent steps. So true!