Mistakes are inevitable. What matters is whether we learn fr... - Thaler, Richard

This quote is attributed to Thaler, Richard.

"Mistakes are inevitable. What matters is whether we learn from them and adapt accordingly."

Thaler, Richard Perseverance

Behavioral Economist American Born 1945 (age 81)

More from Thaler, Richard

"People are not always rational. We make systematic mistakes."

"The most important thing to understand about Behavioral Economics is that people are not rational."

"We are all vulnerable to cognitive biases."

"Humans are not the perfectly rational agents that standard economic theory assumes."

"Perseverance is the key to success."

"Don't give up on what you believe in."

"I've been through worse."

"You learn to live with the pain."