守住能力圈,圈外再热闹也与我无关。
Guard your circle of competence; what's outside it, no matter how lively, is none of my business.
守住能力圈,圈外再热闹也与我无关。
Guard your circle of competence; what's outside it, no matter how lively, is none of my business.
这句话究竟在说什么
能力圈的边界,比圈的大小更重要。段永平强调,知道自己“不做什么”比“能做什么”更关键。圈外的热点再火爆,不参与也不会亏;盲目跨圈,才是亏损的起点。守住边界,是一种高级的克制。
给普通投资者的可执行清单
一个真实故事 / 场景化情节
比特币、各种新概念轮番造富,段永平多数不碰,因为他承认“看不懂”。他说:错过圈外的狂欢不可惜,亏在圈外的无知才可悲。
这句话在该大师思想体系里的位置
与“不懂不做”“不为清单”同源,都是边界意识。
你得找到你有激情的东西,不能让别人告诉你什么是你的激情。
You have to figure out what your own aptitudes are.
我在麦哲伦基金养成了一个习惯:每个月至少走访两三家我持有的公司,和一线员工聊天而不是坐在会议室听高管演讲。
I made it a habit to visit at least two or three companies I owned each month, talking to frontline employees rather than sitting in conference rooms listening to executives.
投资于你熟悉的公司,而不是追逐热门股票。
Invest in companies you are familiar with, not in hot stocks.
选股就像画画,先纸上练100家公司,练完你就知道自己适合什么了。
Take 100 companies and write down why you'd buy them. By the time you're done, you'll know your circle of competence.