Quote of the day by Warren Buffett: 'The most important thing to do if you find yourself in a hole is to stop digging' and a useful business lesson

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https://timesofindia.indiatimes.com/world/us/quote-of-the-day-by-warren-buffett-the-most-important-thing-to-do-if-you-find-yourself-in-a-hole-is-to-stop-digging-and-a-useful-business-lesson/articleshow/133041910.cms

Quote of the day by Warren Buffett: 'The most important thing to do if you find yourself in a hole is to stop digging' and a useful business lesson - The Times of India

Among the vast collection of aphorisms attributed to Warren Buffett, few are as blunt or practical as his famous rule of self-correction: "The most important thing to do if you find yourself in a hole is to stop digging." While the statement sounds like simple common sense, it addresses one of the most destructive tendencies in human psychology and business management: the refusal to admit a mistake and cut losses before a bad situation turns into a catastrophic failure.

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