A Quote by Mohnish Pabrai

Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets much more firmly seared in when they are your own.
It's important to learn from your mistakes, but it is BETTER to learn from other people's mistakes, and it is BEST to learn from other people's successes. It accelerates your own success.
Some of the best lessons we ever learn we learn from our mistakes and failures. — The error of the past is the wisdom and success of the future.
They say that there are three kinds of people in the world. There are people who never learn one way or another anything; there are people who learn from their own mistakes, eventually and with great pain; and then there are the really wise people who learn from other people's mistakes and spare themselves the suffering.
Fail is a verb not a noun, most people think that when they fail, they become a noun and call themselves failures. People have to learn from their mistakes just as children learn to ride bicycles by falling off bicycles. Mistakes can be priceless if we are willing to learn from them because the price to becoming rich is the willingness to make mistakes and learn from them without blaming or justifying
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.
There’s a tendency for young people to get discouraged and frustrated easily. But don’t be afraid to fail. In many ways, we learn so much more from our failures than our successes. Remind yourself that failure is nothing more than a means to a greater end. Bide your time, learn from your mistakes, and lead by example. If you believe in what you’re doing, it will show.
You learn from the mistakes you make and from the mistakes other people make. The truth is, you don't learn from success; you learn from failure.
You don't learn from successes; you don't learn from awards; you don't learn from celebrity; you only learn from wounds and scars and mistakes and failures. And that's the truth.
You don’t learn from successes; you don’t learn from awards; you don’t learn from celebrity; you only learn from wounds and scars and mistakes and failures. And that’s the truth.
We've all heard that we have to learn from our mistakes, but I think it's more important to learn from successes. If you learn only from your mistakes, you are inclined to learn only errors.
Always try to learn from other people's mistakes, not your own- it is much cheaper that way!
You learn from your mistakes and you learn from your failures. It's how you get up that defines you to a certain extent.
Recognize that there will be failures, and acknowledge that there will be obstacles. But you will learn from your mistakes and the mistakes of others, for there is very little learning in success.
It's good to learn from your mistakes. It's better to learn from other people's mistakes.
We do not learn so much by our successes as we learn by failures - our own and others! Especially if we see the failures properly corrected.
Perhaps the most difficult ethical problem of the scientific community arises not so much from conflict with other subcultures as from its own success. Nothing fails like success because we don't learn from it. We learn only from failure.
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