A Quote by Charlie Munger

After nearly making a terrible mistake not buying See's, we've made this mistake many times. We are apparently slow learners. These opportunity costs don't show up on financial statements, but have cost us many billions.
There were times in my life when I said, "Oh God, I'm making a terrible, terrible mistake here." And on another level it looked as if that's exactly what I had done. All of us can look back across our lives and see what we thought was a disaster was actually a blessing - from a long-term perspective, it was a blessing. With practice, we can shorten the length of time between "what a dumb mistake I've made" and "what a brilliant choice that was.
Many good people mistake their reputation for their character. It is a mistake I have made many, many times.
How many times do we pay for one mistake? The answer is a thousand times for the same mistake. The human is the only animal on earth that pays a thousand times for ONE mistake. The rest of the animals pay once for every mistake.
The biggest mistake, in general, I've made, is to put too much of a weighting on someone's talent and not enough on their personality. And I've made that mistake several times. I think it actually matters whether somebody has a good heart, it really does. I've made the mistake of thinking that it's sometimes just about the brain.
Many times when you make a movie, it feels like your biggest mistake. But even if a film isn't a hit, you shouldn't view it as a mistake.
I'm afraid that we all make mistakes. One of the things that defines our character is how we handle mistakes. If we lie about having made a mistake, then it can't be corrected and it festers. On the other hand, if we give up just because we made a mistake, even a big mistake, none of us would get far in life.
It is not a mistake to commit a mistake, for no one commits a mistake knowing it to be one. But it is a mistake not to correct the mistake after knowing it to be one. If you are afraid of committing a mistake, you are afraid of doing anything at all. You will correct your mistakes whenever you find them.
So many people talk about themselves: "I'm unattractive, my mind's so slow, and I can't do this." And you know what I tell them? "God didn't make a mistake when He made you. You need to see yourself as God sees you."
Victorian feminists made the mistake of making membership of the sisterhood conditional on signing up to a particular policy agenda. Marxist feminists made a similar mistake of saying, 'You can't be a real feminist unless you join with miners, the unions, the vegans.'
A mistake I've made is I have not worried sufficiently about the art world, really. I have not concerned myself with the other people in the art world. I've been a little too singular, and that's a mistake I've made. But everybody makes a mistake of some kind, and if that's my only mistake, I'm happy.
Personally, I chose my own undergraduate institution in large part because the scholarship options made it affordable for me to attend. Make no mistake: The financial feasibility of each school's cost was a major part of making my decision, as it was for almost everyone I knew.
They made a mistake. And it was an easy mistake to make. I don't regard setting incentives aggressively as a mistake. I think the mistake was, when the bad news came, they didn't recognize it directly. I don't think that impairs the future of Wells Fargo. They'll be better for it.
I've made so many crazy mistakes and done so many terrible things, I don't know. I'd just say I'm grateful for every mistake and every disappoint that I've had to experience - that I'm still loved and still cared for, that God's still here for me.
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Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean that they’ve changed their mind about anything in particular. It doesn’t mean that they are now able to avoid that mistake.
When you see a mistake in somebody else, try to find if you are making the same mistake.
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