A Quote by Charlie Munger

Forgetting your mistakes is a terrible error if you are trying to improve your cognition. — © Charlie Munger
Forgetting your mistakes is a terrible error if you are trying to improve your cognition.
Chris Davis [of the Davisfunds] has a temple of shame. He celebrates the things they did that lost them a lot of money. What is also needed is a temple of shame squared for things you didn't do that would have made you rich. Forgetting your mistakes is a terrible error if you are trying to improve your cognition. Reality doesn't remind you. Why not celebrate stupidities in both categories?
Trying to forget or hide your mistakes is a huge error. Rather, hold them near and dear to your heart. Wear them proudly.
Trying to use the power of yoga to improve your life, this is a terrible mistake. Because all you are doing is binding yourself more. You're putting more of your attention into the transient world.
You will get something wrong today, and tomorrow, and every day of your life. So will I, and everybody you know. You don’t have a choice about being wrong sometimes: mistakes will be your life-long companion. But you do have a choice about whether to approach your error in terror so you suppress, ignore and repeat it — or to make it your honest, open ally in trying to get to the truth.
Be honest, Look for areas where you can admit error and say so. Apologize for your mistakes. It will help disarm your opponents and reduce defensiveness.
One of the most dangerous forms of human error is forgetting what one is trying to achieve.
Trial and error does not work in real estate. It's way too expensive to learn from your own mistakes, you need to learn from others' mistakes.
If on your own or by the criticism of others you discover error in your work, correct it then and there; otherwise in exposing your work to the public, you will expose your error also.
The French word for wanderlust or wandering is 'errance.' The etymology is the same as 'error.' So to wander is to make mistakes. In other words, to make mistakes, to make errors is sort of the idea of learning through trial and error, allowing the mistakes to be part of the process.
People who blame others for their failures never overcome them. They simply move from problem to problem. To reach your potential, you must continually improve yourself, and you can't do that if you don't take responsibility for your actions and learn from your mistakes.
Therefore, your mistakes and your failures are blessings; opportunities for the best in parenting. And those who point out your mistakes are not your enemies, but the most valuable of friends.
You're breaking up, you're getting together, you're changing your life, you're arguing with your parents, you're making terrible mistakes, you're having great triumphs. It's what happens to teenagers.
To some people, I am kind of a Merlin who takes lots of crazy chances, but rarely makes mistakes. I've made some bad ones, but fortunately, the successes have come along fast enough to cover up the mistakes. When you go to bat as many times as I do, and continually improve upon your mistakes, you're bound to get a good average.
Teach yourself by your own mistakes; people learn only by error.
Testing by itself does not improve software quality. Test results are an indicator of quality, but in and of themselves, they don't improve it. Trying to improve software quality by increasing the amount of testing is like trying to lose weight by weighing yourself more often. What you eat before you step onto the scale determines how much you will weigh, and the software development techniques you use determine how many errors testing will find. If you want to lose weight, don't buy a new scale; change your diet. If you want to improve your software, don't test more; develop better.
Unlike earlier thinkers, who had sought to improve their accuracy by getting rid of error, Laplace realized that you should try to get more error: aggregate enough flawed data, and you get a glimpse of the truth. "The genius of statistics, as Laplace defined it, was that it did not ignore errors; it quantified them," the writer Louis Menand observed. "...The right answer is, in a sense, a function of the mistakes.
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