We can avoid making the same mistake. for people which can learn from the mistakes, they will get something benefits which they will grow more than before and he can be able to make his profit again. Maybe he can recover his loss but one thing that he should know that he will have more skills than the other people because he can learn from the mistake.
With the more we do, we have the opportunity to make better decisions in the future. This is experience so that we will have more knowledge. For me, a knowledge will determine how we will be in the future. Mistakes will make us learn to make the right decisions. Many people feel like a failure when they make a decision, but even though it is a good start in achieving success.