Warren Buffett admits to making mistakes, says 'It's like pain of failed marriage'
In his annual letter to Berkshire Hathaway's shareholders, billionaire Warren Buffett admitted to sometimes making mistakes while assessing the future of businesses and compared it to pain felt due to a "failed marriage". He stated he's used the words "mistake" or "error" 16 times in his letters between 2019-23. Notably, Buffett mentioned the word "mistake" 13 times in this letter.