Failure

• When everyone believes something is risky,their unwillingness to buy usually reduces its price to the point where it’s not risky at all. Broadly negative opinion can make it the least risky thing, since all optimism has been driven out of its price
• And, of course, as demonstrated by ...

Our history does not have to predict our future. Many people, when faced with a big mistake, begin to pull back--to retreat. 

Mistakes help us to remember that we are not content to play it safe. That we understand that without risk there is sometimes no reward.

We should learn from the past, but to regret it and then look at it with disdain brings nothing but frustration and anger. There is no reward for dwelling on what you cannot control, the past.

To build character, expect and embrace failure, then seek obstacles that seem uncomfortable...