Circle Of Competence
topic on 3 shows · 3 statements across 3 episodes
the Knowledge Project 
Capital Allocators 
20VC
3 statements about Circle Of Competence, every show
Jaswa: Knowing your competence boundary prevents investor failure
“Stay within your circle of competence. What doesn't matter is how big that circle is. What matters is knowing where the boundary actually is. I think that's where people get themselves in trouble all the time, is at that boundary.”
Zorub: Investors should expand their circle of competence, not stay inside
“I've just never been a stay inside your circle of competence guy. It just doesn't resonate with me. I understand why it makes sense for some people, but I've been exactly the opposite. I've been an expand your circle of competence kind of guy, but that takes t…”
Parrish: Modern life forces people to make decisions outside their competence circle
“I mean, there's no way that you can live a life in today's day and age and only make decisions in your circle of competence, only make decisions where you have plank knowledge, You have to go outside of that, but the strategies you employ when you go outside o…”