--- title: "4 Circles Quotes By Warren Buffett" description: "4 Circles quotes by Warren Buffett. Plus more from Warren Buffett and more Circles sayings from other authors." image: "https://sms4smile.com/quotes/i/866/warren-buffett-183_bigs_everybody-s-got-a-different-circle-of-co_23185.png" --- > [Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying…](https://sms4smile.com/quotes/warren-buffett/everybody-s-got-a-different-circle-of-competence-the-important-thing/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/866/warren-buffett-183_bigs_everybody-s-got-a-different-circle-of-co_23185.png) > [The most important thing in terms of your circle of competence is not how large the area of it is, but how…](https://sms4smile.com/quotes/warren-buffett/the-most-important-thing-in-terms-of-your-circle-of-competence-is-not/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/45b/warren-buffett-183_areas_the-most-important-thing-in-terms-of-you_929794.png) > [What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an…](https://sms4smile.com/quotes/warren-buffett/what-an-investor-needs-is-the-ability-to-correctly-evaluate-selected/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/d74/warren-buffett-183_ability_what-an-investor-needs-is-the-ability-to_1664468.jpg) > [If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we…](https://sms4smile.com/quotes/warren-buffett/if-we-have-a-strength-it-is-in-recognizing-when-we-are-operating-well/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/76a/warren-buffett-183_circles_if-we-have-a-strength-it-is-in-recognizi_3026982.png) ## Other authors on Circles - [Ralph Waldo Emerson 23 quotes](https://sms4smile.com/quotes/about/circles/ralph-waldo-emerson/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-black-elk-18307.jpg) Black Elk 12 quotes ](https://sms4smile.com/quotes/about/circles/black-elk/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b020/author-rainer-maria-rilke-76940.jpg) Rainer Maria Rilke 8 quotes ](https://sms4smile.com/quotes/about/circles/rainer-maria-rilke/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-nicolaus-copernicus-71277.jpg) Nicolaus Copernicus 8 quotes ](https://sms4smile.com/quotes/about/circles/nicolaus-copernicus/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-frederick-lenz-36205.jpg) Frederick Lenz 8 quotes ](https://sms4smile.com/quotes/about/circles/frederick-lenz/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-gloria-steinem-38879.jpg) Gloria Steinem 7 quotes ](https://sms4smile.com/quotes/about/circles/gloria-steinem/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-albert-einstein-10494.jpg) Albert Einstein 7 quotes ](https://sms4smile.com/quotes/about/circles/albert-einstein/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b022/author-stephen-covey-86975.jpg) Stephen Covey 6 quotes ](https://sms4smile.com/quotes/about/circles/stephen-covey/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b021/author-rumi-81702.jpg) Rumi 6 quotes ](https://sms4smile.com/quotes/about/circles/rumi/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b023/author-thomas-jefferson-90435.jpg) Thomas Jefferson 5 quotes ](https://sms4smile.com/quotes/about/circles/thomas-jefferson/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-nicholas-sparks-71065.jpg) Nicholas Sparks 5 quotes ](https://sms4smile.com/quotes/about/circles/nicholas-sparks/) - [Neale Donald Walsch 5 quotes](https://sms4smile.com/quotes/about/circles/neale-donald-walsch/) ## More by Warren Buffett > [To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual…](https://sms4smile.com/quotes/warren-buffett/to-invest-successfully-over-a-lifetime-does-not-require-a/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“Be fearful when others are greedy, and be greedy when others are fearful.”](https://sms4smile.com/quotes/warren-buffett/be-fearful-when-others-are-greedy-and-be-greedy-when-others-are/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.](https://sms4smile.com/quotes/warren-buffett/making-money-isn-t-the-backbone-of-our-guiding-purpose-it-is-the-by/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are…](https://sms4smile.com/quotes/warren-buffett/we-set-no-volume-goals-in-our-insurance-business-generally-and/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the…](https://sms4smile.com/quotes/warren-buffett/everybody-s-got-a-different-circle-of-competence-the-important-thing/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [It is better to point out your own mistakes than have somebody else do it.](https://sms4smile.com/quotes/warren-buffett/it-is-better-to-point-out-your-own-mistakes-than-have-somebody-else/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're…](https://sms4smile.com/quotes/warren-buffett/i-ve-read-about-all-the-sales-today-if-you-re-an-auto-dealer-you-re/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to…](https://sms4smile.com/quotes/warren-buffett/i-was-lucky-enough-to-be-born-in-a-time-and-place-where-society/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The reaction of weak management to weak operations is often weak accounting.](https://sms4smile.com/quotes/warren-buffett/the-reaction-of-weak-management-to-weak-operations-is-often-weak/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I don't measure my life by the money I've made. Other people might, but certainly don't.](https://sms4smile.com/quotes/warren-buffett/i-don-t-measure-my-life-by-the-money-i-ve-made-other-people-might-but/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've…](https://sms4smile.com/quotes/warren-buffett/i-mean-the-truth-is-i-ve-never-had-it-so-good-in-terms-of-taxes-i-am/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…](https://sms4smile.com/quotes/warren-buffett/the-most-important-quality-for-an-investor-is-temperament-not/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/circles/warren-buffett/#itemlist", "name": "4 Circles Quotes By Warren Buffett", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Everybody's got a different circle of competence. The important thing is not how big the circle is. 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