Buffett Recommends Studying Failure

“I like to study failure,” Buffett, 82, said at the annual meeting if Coca Cola held in the Cobb Galleria Center in Atlanta. “We want to see what has caused businesses to go bad, and the biggest thing that kills them is complacency. You want a restlessness, a feeling that somebody’s always after you, but you’re going to stay ahead.”  Article

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