My contemporaries were more upset about the Nobel than I was not to be recognised. One of them labelled it the 'No-Bell' prize! But it was fine by me. There's no Nobel Prize in astronomy and I was really proud that it was my stars that had convinced the prize committee that there was good physics in astrophysics.
How has a failure, or apparent failure, set you up for later success? Do you have a favourite failure?
Question
What is something everyone in your world agrees about that you think is wrong?
Values & belief
Question
What is the best advice you have ever received?
Time & hindsight
Question
What is your worst intellectual habit?
Craft & work
Question
What is the trait you most deplore in others?
Values & belief
Question
What is the most important lesson life has taught you?
Time & hindsight
Question
What is an unusual habit or an absurd thing that you love?
Daily life
Life will have terrible blows, horrible blows, unfair blows. Doesn't matter. And some people recover and others don't. And there I think the attitude of Epictetus is the best. He thought that every mischance in life was an opportunity to behave well. Every mischance in life was an opportunity to learn something and your duty was not to be submerged in self-pity, but to utilize the terrible blow in a constructive fashion.
USC Gould School of Law commencement, Speakola, 2007 source ↗
Others on this question
View all 69 →
Jocelyn Bell Burnell
Radio astronomer; discoverer of pulsars
Recorded
Louise Walsh, University of Cambridge 'Journeys of Discovery' interview series, 1 January 2020
source ↗
Venkatraman Ramakrishnan
Structural biologist; Nobel laureate in Chemistry, 2009
Well, I'll be honest with you. I was a theoretical physicist but my Ph.D. work was on a problem that was not particularly interesting to me at the time. And I used to subscribe to Scientific American and I found that there were all these wonderful discoveries happening in biology and I also knew that a number of physicists had gone into biology and been successful. So, I decided to switch.
Recorded
Adam Smith, Telephone interview recorded minutes after the prize announcement, Nobel Prize Outreach, 7 October 2009
source ↗
Joan Didion
American writer
Yeah. It’s a grandiose reaction. You are claiming you could really control this, but you failed.
Recorded
Academy of Achievement, Academy of Achievement interview, New York, New York, 1 April 2005
source ↗
Steve Jobs
Co-founder and chief executive of Apple; co-founder of NeXT; chief executive of Pixar
I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.
Recorded
Stanford University 114th Commencement, Stanford News (Stanford University), 12 June 2005
source ↗
More from Charlie Munger
View profile →I realized very early that non-egality would work better in the parts of the world I wanted to inhabit. What do I mean by non-egality? I mean John Wooden, when he was the number one basketball coach in the world. He just said to the bottom five players, “You don't get to play. You're sparring partners.” The top seven did all the playing.
wisdom acquisition is a moral duty. It’s not something you do just to advance in life. Wisdom acquisition is a moral duty.
inversion frequently will solve problems which nothing else will solve. And in life, unless you’re more gifted than Einstein, inversion will help you solve problems that you can't solve in other ways.
Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought. Self-pity gets pretty close to paranoia and paranoia is one of the very hardest things to reverse. You do not want to drift into self-pity.
Every mischance in life was an opportunity to learn something and your duty was not to be submerged in self-pity, but to utilize the terrible blow in a constructive fashion.
All my life, I've gone through life anticipating trouble. And here I am, well along on my eighty-fourth year, and like Epictetus, I've had a favored life. It didn't make me unhappy to anticipate trouble all the time and be ready to perform adequately if trouble came. It didn't hurt me at all. In fact, it helped me.
More on failure & regret
- What has been your biggest disappointment? 366 answers
- Who most deserves an apology from you, and why? 209 answers
- If you could edit your past, what would you change? 203 answers
- What is the worst thing anyone has said to you? 122 answers
- Which moment embarrassed you most? 122 answers
- What is the hardest thing that has happened to you, and what did you carry out of it? 36 answers
Also answered this
Larry Ellison, Carlos Slim Helú, Derek Sivers, Howard Schultz, Warren Buffett, Jensen Huang
Search the directory for somebody in particular.
Explore further
- All failure & regret questions
- Explore the archive — by field, age, era, and subject