A young man was appointed president of a bank. Intimidated by his new responsibilities, he nervously sought the advice of his gray-haired predecessor: "Sir, what has been the secret of your success?"

"The secret, young man, is two words: right decisions!" replied the older man.

"But how do you make right decisions?"

"One word: experience."

"But how do you get experience?"

The old man smiled. "Two words: wrong decisions."