Stock Stories
Mental Model: Circle of Competence - Know the Boundaries of Your Knowledge
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:22:26
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Sinopsis
Our second mental model in the podcast is the circle of competence. It is incredibly powerful if understood and applied. How much do you know, and how much do you think you know? Knowing the difference is key. Today we discuss:What your circle of competence isHow understanding the circle of competence can help you as an investorHow failing to recognize your circle of competence can potentially hurt you as an investor
