"One thing we've learned is, if it's clear that something is a mistake, is to fix it quickly. It doesn't get better while you wait." — Charlie Munger

Nov 8, 2025 · 3:22 AM UTC

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Replying to @InvestingCanons
Clarity is a signal to act, not wait. The longer you delay correcting a mistake, the harder it becomes to undo its effects.
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Replying to @InvestingCanons
The longer you wait to fix a mistake, the more expensive it gets to fix.
Replying to @InvestingCanons
The cost of a mistake compounds just like returns do. Speed isn’t about urgency—it’s about preventing negative compounding from quietly eroding future optionality.
Replying to @InvestingCanons
Legacy financial systems are built for patching, not pivoting. It's a structural disadvantage against agile fintech.