“What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.” NeedsImportantAbleAbilityCompanyKnowingNotesSizeCirclesBoundariesExpertsInvestorsCompetenceEvaluateSelected Author:Warren Buffett
“Money has to undergo a metamorphosis again, it has to relinquish its role in the market economy and engage in an economy of capacities. Then we would be concerned with human creative productivity. And we would come full circle, since each human being can then act within his company as co-creator of the future, can - in full dignity - contribute to shaping this future.” HumansWould BeHuman BeingsCompanyRolesEconomyCreativeCapacityConcernedDignityCreatorProductivityCirclesMetamorphosisMarket EconomyFull Circle Author:Joseph Beuys
“The start of the New Year is a perfect time to start a stop doing list and to make this the cornerstone of your New Year resolutions, be it for your company, your family or yourself. It also is a perfect time to clarify your three circles, mirroring at a personal level the three questions... 1) What are you deeply passionate about? 2) What are you are genetically encoded for - what activities do you feel just "made to do"? 3) What makes economic sense - what can you make a living at?” FeelsYearsMadeThreePerfectLevelsBusinessCompanyEconomicActivityPassionateListsCirclesOur FamilyResolutionNew YearCornerstonesNew Years ResolutionMirroringFeels Just Author:James C. Collins
“On this question of principle, while actual suffering was yet afar off, they [the Colonies] raised their flag against a power to which, for purposes of foreign conquest and subjugation, Rome in the height of her glory is not to be compared,-a power which has dotted over the surface of the whole globe with her possessions and military posts, whose morning drum-beat, following the sun, and keeping company with the hours, circles the earth with one continuous and unbroken strain of the martial airs of England.” WholeEarthPurposeSufferingHoursCompanyPrinciplesMorningPowerSunAirMilitaryBeatsGloryEnglandRaisedFollowingPossessionSurfaceCirclesPostsHeightRomeFlagsGlobesStrainConquestColonyUnbrokenAfarSubjugationDrum Beats Author:Daniel Webster