Good and Bad Decisions

The story is told of a new bank president who met with his predecessor and said, "I would like to know what have been the keys to your success." The older gentleman looked at him and replied, "Young man, I can sum it up in two words: Good decisions." To that the young man responded, "I thank you immensely for that advice, sir, but how does one come to know which are the good decisions?" "One word, young man," replied the sage. "Experience." "That's all well and good," said the younger, "but how does one get experience?" "Two words," said the elder. "Bad decisions."