Widen Your Circle of Competence
The reason for the circle of competence series is to give you an idea of what to look for in different industries so you can best use your edge.
You might be surprised by how differently some industries are valued relative to their sales or earnings. Software companies and banks will not even be in the same ballpark in terms of valuation so you can’t really compare them on an apples-to-apples basis. This series will just give you context for how to view a company you are examining. You can just hover over the circles below and then click where prompted to check out the information.