This, presumably imaginary, exchange, was recently quoted by Stefan Stern, the management columnist in the Financial Times and is pretty interesting to note.
"Good judgement comes from experience.
And experience generally comes from bad judgement".
"Sir, What is the secret of your success?"
"Two words"
"And, Sir, what are they?"
"Right decisions."
"And how do you make right decisions?"
"One word."
"And, What is that?"
"Experience."
"And how do you get Experience?"
"Two words"
"And, Sir, what are they?"
"Wrong decisions."
"Good judgement comes from experience.
And experience generally comes from bad judgement".
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