Tuesday, September 25, 2007

Warren's and Charles's quote

" If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter."
- Warren Buffett

"If you have competence, you pretty much know its boundaries already. To ask the question [of whether you are past the boundary] is to answer it".
- Charles Munger (Warren Buffett's partner)

"I'm no genius. I'm smart in spots, and I stay around those spots."
- Thomas Watson Sr.

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How do I add values to my love ones today?
I add immense value to my love ones by knowing my spots and stay around those spots.

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