Stock Stories
This is the podcast that helps you decode the business behind the stock. Join Alex Mason, your stock storyteller, as we journey through the S&P 500, mental models, and more.
Stock Stories
Mental Model: Circle of Competence - Know the Boundaries of Your Knowledge
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Stock Storyteller
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Episode 15
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 is
- How understanding the circle of competence can help you as an investor
- How failing to recognize your circle of competence can potentially hurt you as an investor
Email: alex@stockstoriespodcast.com
