“In the business world, the rearview mirror is always clearer than the windshield”
— Warren Buffett
Simplified Meaning:
When you're running or managing a business, it's often easier to understand things that happened in the past than to predict what will happen in the future. Imagine driving a car: you can clearly see what's behind you using the rearview mirror, but it's harder to see what's up ahead through the windshield. For example, think of a company that introduced a new product that didn't sell well. Looking back, it's clear why the product failed—maybe the price was too high or the marketing wasn't good. But at the time, it was tough to predict those issues. To apply this idea in life, you can learn from your past experiences to make better decisions. If you made a mistake before, understand what went wrong and use that knowledge to avoid similar mistakes in the future. However, remember that the future is always uncertain, so be prepared for unexpected challenges.
