"Every person is going to have a circle of competence. And it's going to be very hard to advance that circle. If I had to make my living as a musician.... I can't even think of a level low enough to describe where I would be sorted out to if music were the measuring standard of the civilization. So you have to figure out what your own aptitudes are. If you play games where other people have the aptitudes and you don't, you're going to lose. And that's as close to certain as any prediction that you can make. You have to figure out where you've got an edge. And you've got to play within your own circle of competence."
Competence

January 1, 1970

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Added on April 10, 2026
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Original Language: English

Sources

Charlie Munger, (p. 13 of 24)

https://en.wikiquote.org/wiki/Competence