Want people to trust and admire you, maybe even fall in love with you? Never pull your punches.
It's a contrarian approach to life, and possibly the hardest thing to do when it comes to money and investing. But owning up to what's going wrong is crucial, says an expert who studies the investing style of iconic billionaire Warren Buffett.
For instance, Buffett starts his latest letter to shareholders with the simple admission that his holding company, Berkshire Hathaway, didn't beat the stock-market benchmark.
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