Here's the new thread for posting quotes, with the usual rules:
- Please post all quotes separately, so that they can be voted up/down separately. (If they are strongly related, reply to your own comments. If strongly ordered, then go ahead and post them together.)
- Do not quote yourself.
- Do not quote comments/posts on LW/OB.
- No more than 5 quotes per person per monthly thread, please.
The problem with that quote is that human biases often go the other way, i.e., we'd rather blame bad consequences on bad luck then admit we made a bad decision.
The quote may still have some use when applied to humans other than oneself.