Throughout his career, Warren Buffett has only made a handful of significant mistakes, but we can learn just as much from these mistakes as his successes.
Q4 2019 hedge fund letters, conferences and more
Buffett's right-hand man, and Berkshire Hathaway's vice chairman, Charlie Munger, is a big believer in the power of learning from mistakes. He believes it is essential to learn from both your own mistakes and the mistakes of others.
In Munger's typical style, he once said, "Why not celebrate stupidities...I like...