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Ep. 19 – Ian Cassel on Microcap Investing, Dealing with Self-Doubt, and the Secret of Happiness
The One Percent Show with Vishal Khandelwal
How Do You Build Your Circle of Competence?
Rhiht: My next question is about the ideal circle of competencit which the investing grats have laid so much importance to. Rite how have you dealt with this idea of circle of competence? How have you built it? And and especially in rising markets where you see others around you trying to make money in industries where you don't have any clue about, right? There there are small calves there, micro cavs were which are flying, right? How do you deal with the temptation er of venturing out of your circle ofcomp competence? Rhiht: I just think of like two concentric circles inside one another. Ah, and i do believe that both should expand
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