Story@BFBV: The Peeing Story

Don’t just learn by copying what caused success. You can also learn by avoiding what caused failure. As Mr. Munger says, “You don’t have to pee on an electric fence to learn not to do it.”

Don’t pee on electric fences. Learn from watching those who do. 🙂


One thought on “Story@BFBV: The Peeing Story

  1. Seshadri says:

    I think Mr.Munger was quoting Will Rogers when he said that – Will Rogers said “There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest of them have to pee on the electric fence for themselves.”

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