The quote suggests that our ability to make sound judgments develops over time through a process of trial and error. Essentially, we learn from making mistakes or poor decisions early on. These missteps provide us with crucial lessons that help shape better decision-making skills later in life.
This statement implies that every failure or poor choice is an opportunity for growth. When we encounter difficulties due to our bad judgments, we are forced to reflect and analyze what went wrong. This reflection leads to new insights and a deeper understanding of how to navigate similar situations more effectively in the future. Moreover, it encourages us to embrace the challenges and setbacks as essential parts of personal development rather than avoiding them or considering them as failures.
Walter Wriston was an American banker who served as the chairman of Citibank from 1967 to 1984. Known for his innovative approach to banking, he played a pivotal role in shaping global finance during a transformative period in economic history. His observations about judgment and experience reflect his deep understanding of how one learns and grows within complex professional environments.
