Again Quote by Barry Ritholtz
“Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to 'own' them. This allows me to learn from them and, with any luck, avoid making the same errors again.”
About This Quote
Source Book: The Big Money, 2012
Owning mistakes openly enables learning and reduces repeat errors, unlike selective forgetting.
In simple terms: Admit errors to learn and avoid them.
Key Takeaway
Own mistakes and extract lessons.
Themes
learning
accountability
investment
growth
Mood
pragmatic
encouraging
Type
business
self‑help
When to use this quote
- investment decisions
- business strategy
- personal development
Key Concepts
cognitive bias
feedback loops
Questions to Reflect On
- How can you create a safe space for mistake ownership?
- What systems help capture lessons from errors?
A Different Perspective
Admitting errors can feel risky in competitive environments.
