"we think it’s healthy to disclose and fully analyze our mistakes (although in this case we are not yet conceding that we’ve made a mistake in our analysis, but

"we think it’s healthy to disclose and fully analyze our mistakes (although in this case we are not yet conceding that we’ve made a mistake in our analysis, but we obviously made a mistake in terms of timing our entry into the position)." There's always a time factor to making the right investments.