mistake-making
During the 2019-23 period, I have used the words “mistake” or “error” 16 times in my letters to you. Many other huge companies have never used either word over that span.
Warren E. Buffett • Berkshire Hathaway Inc. Annual Report 2024
Warren Buffett
The cardinal sin is delaying the correction of mistakes or what Charlie Munger called “thumb-sucking.” Problems, he would tell me, cannot be wished away. They require action, however uncomfortable that may be.
Warren E. Buffett • Berkshire Hathaway Inc. Annual Report 2024
Warren Buffett
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