A Quote by Charlie Munger

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.

Charlie Munger

Quote Topics

Bad Bad News Better Came Directly Easy Fargo Future Incentives Made Made A Mistake Make Mistake News Recognize Regard Setting Think Wells Wells Fargo

Quote Author

Charlie Munger
American - Businessman
Born: January 1, 1924

And learn that when you do make a mistake, you'll surface that mistake so you can get it corrected, rather than trying to hide it and bury it, and it becomes a much bigger mistake, and maybe a fatal mistake.

Sanford I. Weill

Feminism is a political mistake. Feminism is a mistake made by women's intellect, a mistake which her instinct will recognize.

Valentine de Saint-Point

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.

Mahatma Gandhi

Concentrate and think upon the problem in mind until a satisfactory conclusion is reached, and then finally go ahead. If you have made a mistake, all right. Never find fault with a man because he has made a mistake. It is only a fool that makes the same mistake the second time.

Charles M. Schwab

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.

Elon Musk

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.

Peter Saul

But what if I make a mistake?' Will asked. Gilan threw back his head and laughed. 'A mistake? One mistake? You should be so lucky. You'll make dozens! I made four or five on my first day alone! Of course you'll make mistakes. Just don't make any of them twice. If you do mess things up, don't try to hide it. Don't try to rationalize it. Recognize it and admit it and learn from it. We never stop learning, none of us.

John Flanagan

... I don't think anybody should avoid mistakes. If it is within their nature to make certain mistakes, I think they should make them, make the mistakes and find out what the cost of the mistake is, rather than to constantly keep avoiding it, and never really knowing exactly what the experience of it is, what the cost of it is, you know, and all the other facets of the mistake. I don't think that mistakes are that bad. I think that they should try and not do destructive things, but I don't think that a mistake is that serious a thing that one should be told what to do to avoid it.

Anne Bancroft

One of the greatest handicaps is to fear a mistake. You have stopped yourself. You have to move freely into the arena, not just to wait for the perfect situation, the perfect moment... If you have to make a mistake, it's better to make a mistake of action than one of inaction. If I had the opportunity again, I would take chances.

Federico Fellini

You can't pay attention to your mistakes. I made a mistake today, I made a mistake yesterday. I think it's... very important to ignore the negative.

Jerry Rubin

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.

Terry Goodkind

An ordinary mistake is one that leads to a dead end, while a profound mistake is one that leads to progress. Anyone can make an ordinary mistake, but it takes a genius to make a profound mistake.

Frank Wilczek

If string theory is a mistake, it's not a trivial mistake. It's a deep mistake and therefore kind of worthy.

Lee Smolin

You made me confess the fears that I have. But I will tell you also what I do not fear. I do not fear to be alone or to be spurned for another or to leave whatever I have to leave. And I am not afraid to make a mistake, even a great mistake, a lifelong mistake and perhaps as long as eternity too.

James Joyce

When there is a mistake in the game, or even half a mistake, I think I'm quite smart enough to know that I could have, and should have, done better in the situation.