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One thing about the business and investing world that I connect to very intimately is that there is little room to deny the harsh realities of your mistakes. A bad call can lose you many millions.

— Joshua Waitzkin

Sentiment: POSITIVE

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✓Similar Perspectives

I've made mistakes in business, but none so big I couldn't recover and learn from them. The more you try to change consumer behaviour, the riskier it gets. You have to work out your potential losses against the obvious gains.

— Stelios Haji-Ioannou

I have made lots of mistakes in terms of contracts and spending money when I shouldn't have spent money.

— Jenson Button

I have been rich, and I have been broke. Some of it is my fault for choosing bad management and making bad investments. But that is life - we all take risks.

— Ronnie Wood

One thing is certain in business. You and everyone around you will make mistakes.

— Richard Branson

You have to risk failure to succeed. The important thing is not to make one single mistake that will jeopardize the future.

— An Wang

I work for a place that's been great to me over the years, and when you make a mistake, you're hurting your company as well.

— John King

Sometimes my mistake has been hesitancy about acting on the decisions I've made. When's the best time to invest? It's today, not tomorrow.

— Charles Schwab

✗Opposing Perspectives

Consider every mistake you do make as an asset.

— Paul J. Meyer

You take an educated gamble. If you don't occasionally make a mistake, you're not doing your job.

— James Sinegal

In business, if you realize you've made a bad decision, you change it.

— Richard Branson