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About this quote

What does it mean?
Making mistakes is acceptable if you admit them quickly.
In plain terms
It is okay to be wrong as long as you admit it soon.
What can you take from it?
Promptly admitting errors mitigates the harm of being wrong.

Where it applies

  • workplace feedback
  • public discourse
  • self improvement

Putting it to work

  • admit mistakes fast
  • encourage feedback
  • fix errors quickly

Questions to consider

  • Is admitting fault always safe?
  • How fast is prompt?

Another view

Some mistakes have irreversible consequences regardless of admission.

More from John Maynard Keynes

  1. His peculiar gift was the power of holding continuously in his mind a purely mental problem until he had seen it through.

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  2. Nothing mattered except states of mind, chiefly our own.

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  3. The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is…

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