Warren Buffett, still one of the world's most successful investors, is good at owning up to mistakes.
He has declared on many occasions that holding onto his textile company in the 1970s was an error and that he accepts full responsibility for not listening to the advice telling him to exit the business.
Even in his latest letter to shareholders he warns that "we will make plenty of mistakes".
Can you become a successful entrepreneur by making more mistakes?
Neil Lewis on Wednesday, March 10th, 2010
Warren Buffett, still one of the world's most successful investors, is good at owning up to mistakes.
He has declared on many occasions that holding onto his textile company in the 1970s was an error and that he accepts full responsibility for not listening to the advice telling him to exit the business.
Even in his latest letter to shareholders he warns that "we will make plenty of mistakes".
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