--- title: "Meaning & Key Takeaway of: I like people admitting they were…" description: "\"I like people admitting they were complete stupid horses' asses. I know I'll perform better if I rub my nose in my mistakes. This is a wonderful trick ..." image: "https://sms4smile.com/quotes/i/9f4/charlie-munger-458_admitting_i-like-people-admitting-they-were-comple_3235754.jpg" --- # I like people admitting they were complete stupid horses'… ![“I like people admitting they were complete stupid horses' asses. I know I'll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.” quote by Charlie Munger](https://sms4smile.com/quotes/i/9f4/charlie-munger-458_admitting_i-like-people-admitting-they-were-comple_3235754.jpg) [Download](https://sms4smile.com/quotes/i/9f4/charlie-munger-458_admitting_i-like-people-admitting-they-were-comple_3235754.jpg) [Open image](https://sms4smile.com/quotes/i/9f4/charlie-munger-458_admitting_i-like-people-admitting-they-were-comple_3235754.jpg) > “I like people admitting they were complete stupid horses' asses. I know I'll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.” [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Recognizing personal errors and learning from them improves future performance. **In simple terms:** Admitting mistakes leads to growth. Key Takeaway Embrace errors, reflect, and improve. Themes humility self‑improvement learning accountability Mood reflective motivational Type advice philosophical When to use this quote - business decisions - personal development - leadership - team management Key Concepts cognitive bias growth mindset feedback loops Questions to Reflect On - How can you turn a mistake into a concrete lesson? - What habits help you acknowledge errors promptly? A Different Perspective Self‑deprecation may undermine confidence if overused. ★ ★ ★ ★ ★ No ratings yet [Admitting](https://sms4smile.com/quotes/about/admitting/) [Ass](https://sms4smile.com/quotes/about/ass/) [Horse](https://sms4smile.com/quotes/about/horse/) [Horses Asses](https://sms4smile.com/quotes/about/horses-asses-3300282/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Knows](https://sms4smile.com/quotes/about/knows/) [Mistake](https://sms4smile.com/quotes/about/mistake/) [Mistakes](https://sms4smile.com/quotes/about/mistakes/) [Mistakes Wonderful](https://sms4smile.com/quotes/about/mistakes-wonderful-3002125/) [My mistakes](https://sms4smile.com/quotes/about/my-mistakes/) [Noses](https://sms4smile.com/quotes/about/noses/) [People](https://sms4smile.com/quotes/about/people/) [Stupid](https://sms4smile.com/quotes/about/stupid/) [Stupid Horses](https://sms4smile.com/quotes/about/stupid-horses-6138793/) [Trick Learn](https://sms4smile.com/quotes/about/trick-learn-3823953/) [Tricks](https://sms4smile.com/quotes/about/tricks/) [Wonderful](https://sms4smile.com/quotes/about/wonderful/) ## Related quotes > [Even mistakes can be wonderful](https://sms4smile.com/quotes/robin-williams/even-mistakes-can-be-wonderful/) [Robin Williams](https://sms4smile.com/quotes/author/robin-williams/) > [The trick is to learn to see with your heart, not with your eyes](https://sms4smile.com/quotes/alyson-noel/the-trick-is-to-learn-to-see-with-your-heart-not-with-your-eyes/) [Alyson Noel](https://sms4smile.com/quotes/author/alyson-noel/) > [“A tool always begs to be used. The trick is to learn how to use it.”](https://sms4smile.com/quotes/nnedi-okorafor/a-tool-always-begs-to-be-used-the-trick-is-to-learn-how-to-use-it/) [Nnedi Okorafor](https://sms4smile.com/quotes/author/nnedi-okorafor/) > [When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.](https://sms4smile.com/quotes/warren-buffett/when-people-tell-me-they-ve-learned-from-experience-i-tell-them-the/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“any fool can learn from experience. The trick is to learn from other people’s experience.”](https://sms4smile.com/quotes/ryan-holiday/any-fool-can-learn-from-experience-the-trick-is-to-learn-from-other/) [Ryan Holiday](https://sms4smile.com/quotes/author/ryan-holiday/) > [I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.](https://sms4smile.com/quotes/george-soros/i-m-not-better-than-the-next-trader-just-quicker-at-admitting-my/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [Scobe's Tenth Law: In all endeavors, in all aspects of life, there are more horses asses than horses!](https://sms4smile.com/quotes/frank-scoblete/scobe-s-tenth-law-in-all-endeavors-in-all-aspects-of-life-there-are/) [Frank Scoblete](https://sms4smile.com/quotes/author/frank-scoblete/) > [In the history of man, there has been and always will be more horses' asses than horses.](https://sms4smile.com/quotes/jeffrey-fry/in-the-history-of-man-there-has-been-and-always-will-be-more-horses/) [Jeffrey Fry](https://sms4smile.com/quotes/author/jeffrey-fry/) > [Soderquist's Paradox: There are more horses' asses than horses.](https://sms4smile.com/quotes/john-peers/soderquist-s-paradox-there-are-more-horses-asses-than-horses/) [John Peers](https://sms4smile.com/quotes/author/john-peers/) > [“Ya know, Joey,’ Uncle Ed would say, ‘there’s no accountin’ for horses’ asses.”](https://sms4smile.com/quotes/joe-biden/ya-know-joey-uncle-ed-would-say-there-s-no-accountin-for-horses-asses/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [Why is it there are so many more horses' asses than there are horses?](https://sms4smile.com/quotes/g-gordon-liddy/why-is-it-there-are-so-many-more-horses-asses-than-there-are-horses/) [G. Gordon Liddy](https://sms4smile.com/quotes/author/g-gordon-liddy/) > [I have learned from my mistakes, and I am sure I can repeat them exactly](https://sms4smile.com/quotes/peter-cook/i-have-learned-from-my-mistakes-and-i-am-sure-i-can-repeat-them/) [Peter Cook](https://sms4smile.com/quotes/author/peter-cook/) > [I hope that people learn from my mistake and I hope that the fans forgive me.](https://sms4smile.com/quotes/rafael-palmeiro/i-hope-that-people-learn-from-my-mistake-and-i-hope-that-the-fans/) [Rafael Palmeiro](https://sms4smile.com/quotes/author/rafael-palmeiro/) > [Keith was just bringing the glass to his lips when Adrian said, "Mmm. O positive, my favorite." Keith sprayed out the wine he'd just…](https://sms4smile.com/quotes/richelle-mead/keith-was-just-bringing-the-glass-to-his-lips-when-adrian-said-mmm-o/) [Richelle Mead](https://sms4smile.com/quotes/author/richelle-mead/) > [I have found that I always learn more from my mistakes than from my successes. If you aren't making some mistakes, you aren't taking…](https://sms4smile.com/quotes/john-sculley/i-have-found-that-i-always-learn-more-from-my-mistakes-than-from-my/) [John Sculley](https://sms4smile.com/quotes/author/john-sculley/) ## More by Charlie Munger > [Almost all good businesses engage in 'pain today, gain tomorrow' activities.](https://sms4smile.com/quotes/charlie-munger/almost-all-good-businesses-engage-in-pain-today-gain-tomorrow/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well…](https://sms4smile.com/quotes/charlie-munger/if-you-want-good-behavior-don-t-pay-on-a-commission-basis-our-judges/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to…](https://sms4smile.com/quotes/charlie-munger/acquire-worldly-wisdom-and-adjust-your-behavior-accordingly-if-your/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned…](https://sms4smile.com/quotes/charlie-munger/i-think-time-and-time-again-in-reality-psychological-notions-and/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and…](https://sms4smile.com/quotes/charlie-munger/i-have-what-i-call-an-iron-prescription-that-helps-me-keep-sane-when/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [The tax code gives you an enormous advantage if you can find some things you can just sit with.](https://sms4smile.com/quotes/charlie-munger/the-tax-code-gives-you-an-enormous-advantage-if-you-can-find-some/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And…](https://sms4smile.com/quotes/charlie-munger/the-great-lesson-in-microeconomics-is-to-discriminate-between-when/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.…](https://sms4smile.com/quotes/charlie-munger/some-years-ago-one-oil-company-bought-a-fertilizer-company-and-every/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [ They \[Mc Donalds\] take people and give them a first job, which enables them to get a second job. They do a very good… ](https://sms4smile.com/quotes/charlie-munger/they-mc-donalds-take-people-and-give-them-a-first-job-which-enables/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [What good is envy? It’s the one sin you can’t have any fun at.](https://sms4smile.com/quotes/charlie-munger/what-good-is-envy-it-s-the-one-sin-you-can-t-have-any-fun-at/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good…](https://sms4smile.com/quotes/charlie-munger/we-believe-that-almost-all-really-good-investment-records-will/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling…](https://sms4smile.com/quotes/charlie-munger/it-is-way-less-certain-to-be-a-wonderful-business-in-the-future-the/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell.](https://sms4smile.com/quotes/charlie-munger/in-the-corporate-world-if-you-have-analysts-due-diligence-and-no/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [We have to have a special insight, or we'll put it in the 'too tough' basket. All of you have to look for a…](https://sms4smile.com/quotes/charlie-munger/we-have-to-have-a-special-insight-or-we-ll-put-it-in-the-too-tough/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I've heard that one-half of the students at elite schools want to go into private equity or hedge funds. They want to keep up…](https://sms4smile.com/quotes/charlie-munger/i-ve-heard-that-one-half-of-the-students-at-elite-schools-want-to-go/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) [Explore all 544 Charlie Munger quotes ](https://sms4smile.com/quotes/author/charlie-munger/) ## More Admitting quotes > [I think there's a lot of power in admitting that you don't know everything.](https://sms4smile.com/quotes/kit-williamson/i-think-there-s-a-lot-of-power-in-admitting-that-you-don-t-know/) [Kit Williamson](https://sms4smile.com/quotes/author/kit-williamson/) > [“The truth is I do love you. Admitting that means opening myself up to all that pain when you leave. After you realize this…](https://sms4smile.com/quotes/kelly-moran/the-truth-is-i-do-love-you-admitting-that-means-opening-myself-up-to/) [Kelly Moran](https://sms4smile.com/quotes/author/kelly-moran/) > [“Admitting we're not heroic is when we're the most heroic of all”](https://sms4smile.com/quotes/john-dorian-scrubs/admitting-we-re-not-heroic-is-when-we-re-the-most-heroic-of-all/) [John Dorian- scrubs](https://sms4smile.com/quotes/author/john-dorian-scrubs/) > [“Maybe that is what growing up was all about. It was about changing your mind. Opening it right up. Admitting to yourself that you…](https://sms4smile.com/quotes/matt-haig/maybe-that-is-what-growing-up-was-all-about-it-was-about-changing/) [Matt Haig](https://sms4smile.com/quotes/author/matt-haig/) > [Admitting weakness seems to be such a severe psychic threat for Bush that when he makes a mistake it's safer just to reinforce it.…](https://sms4smile.com/quotes/tina-brown/admitting-weakness-seems-to-be-such-a-severe-psychic-threat-for-bush/) [Tina Brown](https://sms4smile.com/quotes/author/tina-brown/) > [Another person is, at the heart of it, unknowable. And if you cannot know a person enough to always guess what they’re capable of,…](https://sms4smile.com/quotes/deb-caletti/another-person-is-at-the-heart-of-it-unknowable-and-if-you-cannot/) [Deb Caletti](https://sms4smile.com/quotes/author/deb-caletti/) > [The first step is always admitting you have a problem.](https://sms4smile.com/quotes/anonymous/the-first-step-is-always-admitting-you-have-a-problem/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The only tough thing is admitting to my wife how much a certain article of clothing costs.](https://sms4smile.com/quotes/taye-diggs/the-only-tough-thing-is-admitting-to-my-wife-how-much-a-certain/) [Taye Diggs](https://sms4smile.com/quotes/author/taye-diggs/) > [There is a difference between admitting and confessing. Admitting involves softening, making excuses for things that cannot be excused; confessing just names the crimes…](https://sms4smile.com/quotes/veronica-roth/there-is-a-difference-between-admitting-and-confessing-admitting/) [Veronica Roth](https://sms4smile.com/quotes/author/veronica-roth/) > [Nobody likes me!" "I wish I could like you, Charlie Brown, but I can't... If I were to like you, it would be admitting…](https://sms4smile.com/quotes/charles-m-schulz/nobody-likes-me-i-wish-i-could-like-you-charlie-brown-but-i-can-t-if/) [Charles M. Schulz](https://sms4smile.com/quotes/author/charles-m-schulz/) > [how can he love me then not? He went,he ran. And I cannot bring him back. Yet I left the door metaphorically wide open,…](https://sms4smile.com/quotes/freya-north/how-can-he-love-me-then-not-he-went-he-ran-and-i-cannot-bring-him/) [Freya North](https://sms4smile.com/quotes/author/freya-north/) > [First and foremost, be faithful to your superiors, keep all promises, refuse the friendship of all who are not like you; and if you…](https://sms4smile.com/quotes/confucius/first-and-foremost-be-faithful-to-your-superiors-keep-all-promises/) [Confucius](https://sms4smile.com/quotes/author/confucius/) > [Oust me if you want, but if I stepped down, I would be admitting guilt.](https://sms4smile.com/quotes/michel-temer/oust-me-if-you-want-but-if-i-stepped-down-i-would-be-admitting-guilt/) [Michel Temer](https://sms4smile.com/quotes/author/michel-temer/) > [I think that lawyers are terrible at admitting that they're wrong. And not just admitting it; also realizing it. Most lawyers are very successful,…](https://sms4smile.com/quotes/alan-dershowitz/i-think-that-lawyers-are-terrible-at-admitting-that-they-re-wrong-and/) [Alan Dershowitz](https://sms4smile.com/quotes/author/alan-dershowitz/) > [Courageous? Courageous would have been admitting weakness and leaving Dauntless, no matter what shame accompanied it. Pride is what killed Al, and it is…](https://sms4smile.com/quotes/veronica-roth/courageous-courageous-would-have-been-admitting-weakness-and-leaving/) [Veronica Roth](https://sms4smile.com/quotes/author/veronica-roth/) [Browse all 302 Admitting quotes ](https://sms4smile.com/quotes/about/admitting/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "I like people admitting they were complete stupid horses' asses. I know I'll perform better if I rub my nose in my mistakes. 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