The essence of investing lies not in winning within the rules set by others, but in controlling your own pace and focusing on self-discipline and awareness.
The so-called 'circle of competence' refers to a clear understanding of one's own boundaries — knowing exactly which areas you are not good at, and thus resolutely avoiding them.
If you always feel that you can do anything, it precisely indicates that you have not yet truly established your own circle of competence.
A truly mature investor understands the respect for the unknown and focuses on deeply cultivating the areas they excel in.
