Blog Episode 12: Stages of Competence for Trading & Beyond

In this episode of The Wall Street Coach Podcast Kim and Lucas discuss learning anything new using the four stages of competence model, as well as understanding one’s own competence by gauging one’s circle of competence. Noel Burch is widely credited with creating and first utilizing the four stages of competence model. The circle of competence model was developed by Warren Buffett and Charlie Munger and Kim experienced it when she did the Landmark Forum.

References and Mentions:

Stanford Blog – How We Learn Anything New, and the Importance of Focusing on Practice https://swsblog.stanford.edu/blog/how-we-learn-anything-new-and-importance-focusing-practice

Sahil Bloom Twitter Thread on the Circle of Competence

Becoming Warren Buffet

https://www.imdb.com/title/tt6438096/

Eckhart Tolle – The Power of Now: A Guide to Spiritual Enlightenment

Adyashanti – Falling Into Grace

https://www.adyashanti.org/store/publications/books/falling-into-grace-535

Byron Katie

Jed McKenna – From a Spiritual Master Unlike Any, A Spiritual Masterpiece Like No Other

https://www.wisefoolpress.com/damnedest/

Cindy Wigglesworth – Deep Change

https://www.deepchange.com/about/cindy_wigglesworth

Sadhguru

https://isha.sadhguru.org/us/en

Arthur Miller – After the Fall quote

http://www.elise.com/q/quotes/arthurmiller.htm

Brene Brown https://brenebrown.com/books-audio/

The Mask You Live In

http://therepresentationproject.org/film/the-mask-you-live-in-film/

More Great Insights

Podcast

Ep 90: Don’t Let Your Mind Sabotage Your Trading: Master the Mental Game of Trading with Steven Goldstein

Steven Goldstein joins The Wall Street Coach podcast and explores the transformative journey of becoming a consistently successful trader, shedding light on the often-overlooked elements...

Read More
Podcast

Ep 89: Big Waves to Big Trades – Building a Trading Tribe in the Surf Community

Explore the unique intersection of surfing and stock trading with Shane Dorian and Ryan Miller who've mastered both. This episode unveils their journey to building...

Read More
Podcast

Ep 88: Reminiscences of a Day Trader with David S. Hale

In this episode, David Hale talks about the harsh realities of day trading and what traders can expect if they choose to pursue a career...

Read More
Leave a Reply

Your email address will not be published. Required fields are marked *

The 5 Practices

Get Inspired with "Curtin Call"

When you sign up for Curtin Call, you’ll receive The Five Practices excerpt from Kim’s book Transforming Wall Street.

Kim’s weekly newsletter explores the world of finance, trading, investing & leadership through thought-provoking questions.

Subscribe to “Curtin Call”