Warren Buffett: “The most important thing about your circle of competence is not how large it is, but how well you've defined the perimeter.”
Buffett believed success comes from knowing your limits.
“There are all kinds of investment ideas I’m never going to understand.”
Charlie Munger: “The whole trick of the game is to invest only when you know something is better than average.”
Munger believed a few well-understood opportunities are enough.
“You don’t need many opportunities if you get the important ones right.”
Charlie Munger: “The idea of diversification makes sense to a point.”
Munger believed excessive diversification can become a substitute for conviction.
“An idiot could diversify a portfolio — or a computer, for that matter.”
Charlie Munger: “Somebody once subpoenaed our staffing papers on an acquisition.”
“Not only did we not have any staffing papers — we didn’t have any staff!”
Rakesh Jhunjhunwala believed wealth is created by backing businesses with strong fundamentals, capable leadership, and the ability to adapt.
Great investing isn't just about finding good stocks. It's about finding companies that can compound value for decades.
Dilip Asbe believes one of India's biggest AI opportunities lies in building small language models tailored for India.
The next wave of innovation won't just come from using AI.
It will come from building AI for India's unique needs.
Charlie Munger: “The opportunities that really matter are few. The trick is being prepared when they arrive.”
Munger believed success comes from waiting patiently for the rare big opportunity, not trying to know everything.
“Almost nobody outperforms the index.”
Dr. Velumani started with just ₹500 and a one-way ticket to Mumbai.
His message is simple: keep growing, one step at a time. Small beginnings, consistent effort, and patience can create extraordinary outcomes over time.