All WARREN BUFFETT Quotes about “Mistakes”

“I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.”
“I want to be able to explain my mistakes. This means I do only the things I completely understand.”
“It's good to learn from your mistakes. It's better to learn from other people's mistakes.”
“An investor needs to do very few things right as long as he or she avoids big mistakes.”
“The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks.”
“The idea that you try to time purchases based on what you think business is going to do in the next year or two, I think that's the greatest mistake that investors make because it's always uncertain. People say it's a time of uncertainty. It was uncertain on September 10th, 2001, people just didn't know it. It's uncertain every single day. So take uncertainty as part of being involved in investment at all. But uncertainty can be your friend. I mean, when people are scared, they pay less for things. We try to price. We don't try to time at all.”
“I think the worst mistake you can make in stocks is to buy or sell based on current headlines.”
“Never get too hung up on mistakes.”
“it's a good idea to review past mistakes before committing new ones.”
“I don't want to hold out false hopes that the - by some magic moment, that things will turn around in a couple months because they wouldn't, Charlie. I mean, and it's a big mistake to try and mislead people.”
“It is better to point out your own mistakes than have somebody else do it.”
“It's a big mistake to try and mislead people. They will turn around.”

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