Business Quote by Warren Buffett
“I've often felt there might be more to be gained by studying business failures than business successes.”
About This Quote
Source Interview: Berkshire Hathaway Annual Shareholders Meeting, 2010
Studying business failures reveals hidden lessons that successes often conceal, helping avoid repeat mistakes.
In simple terms: Failures teach more than successes.
Key Takeaway
Learn from failures to improve strategy.
Themes
learning
risk
analysis
Mood
reflective
analytical
Type
advice
educational
When to use this quote
- startup planning
- investment decisions
- product launches
- risk management
Key Concepts
failure analysis
business strategy
resilience
Questions to Reflect On
- What failure have you ignored?
- How can you extract lessons from a loss?
A Different Perspective
Successes can mask systemic flaws; failures expose them.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)