Warren Buffett Quotes

Well I think that you have to be open and honest in order to learn from your mistakes and be able to correct them in the future to understand what would happen to take things off course. And if we don't address these issues openly and honestly then we don't learn.

Where I Was Wrong

Once turn to practice, error and truth will no longer consort together.

Make clear that people understand what your circumstances are. And looking for pity - that's a mistake.

The failures and successes are necessary for learning.

America is big enough to admit when it's wrong and confident enough to learn from its mistakes.

Calling oneself a hero after making mistakes shouldn't earn public trust.

Wisdom comes by disillusionment.

Mistakes are, after all, the foundations of truth, and if a man does not know what a thing is, it is at least an increase in knowledge if he knows what it is not.

The American public's a lot more sophisticated than we all give them credit for. And on complicated issues, I'm going to give them straight answers. And if it takes more than three minutes, I'm going to do it.

I'm just interested in having a handle on my environment.

People realize this man knows what the hell's going on and nobody else does.

I make my mistakes in public.

We are slaves to whatever we don't understand.

Happy is he who can trace effects to their causes.

I wish I knew what I know now before.

Learning from mistakes means having to admit them first.

I have no interest in being wrong, so if I am, please correct me. I don't want to be wrong. There's nothing in it for you or for me to be wrong.

Trust is very hard if you don't know what you're trusting.

'Camp' sort of means you don't know what you're doing, and we know what we're doing.

I have never, ever been embarrassed by saying, 'I don't know.' I think maybe that's part of that longevity of my career. Sometimes I have to say, 'I don't know but I'll find out. Call me next week.'

It's so empowering to know the truth and to really understand something.

The more I learn about things, I realise how wrong I was before.

Each day, we have the opportunity to learn something new, apologize for our mistakes, and become better.

I'll always cringe remembering those little embarrassing moments when I said something dumb on a conference call, when my inexperience poked through, when I should have been more solicitous of the judgment of those around me. They're a reminder that it's not mutually exclusive to be confident and humble, to be skeptical and eager to learn.