Blogger: Blogger Dashboard: "Charlie Munger on making mistakes...
Joe Koster at Value Investing World - 3 days ago
Via notesfrom the 2013 Daily Journal Annual Meeting: Of course, there's going to be some failure in making the correct decisions. Nobody bats a thousand. I think it's important to review your past stupidities so you are less likely to repeat them, but I'm not gnashing my teeth over it or suffering or enduring it. I regard it as perfectly normal to fail and make bad decisions. *I think the tragedy in life is to be so timid that you don't play hard enough so you have some reverses.* [image: Boyles Asset Management]"
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