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Billy "Oops, I accedentally just brought a pistol to school"
John "Wow, that sure is a silly campbell mistake"
when you mistake a dancer for a waitress, at a strip club.
John said, “honest mistake” after he handed the strip club dancer a $5 bill and told her to get him 2 bud lights. She threw the $5 back at him and said I am a dancer not a waitress.
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This theory recognizes that humans are not perfect and that for every mistake in a model or schedule
there will be another "mistake" in somewhat equal scope to offset each other, hence rendering the model or budget still valid.
The idea behind is that things will anyway fall the way they fall and we cannot control for that.
The optimistic view is that this theory rejects Murphy's Law, the negligent take on it is the "Trust me, it will be OK" approach to life.
Decide where you want to be.
Accountant 1: oh, crap... we forgot to add $1 million in income from product X sales to the budget
Accountant 2: oh, fudge... product Y's revenue is inflated by $980K...oh wait... based on the Theory of Offsetting Mistakes all is well, the numbers we gave the CEO are still valid, yay.
Girl: oh, crap... your condom broke
Dude: oh, fudge... you miscounted your days, your period is due today at 8pm.... you are not pregnant, yay.
Best. Song. From. Jack. Johnson.
(Hawaiian Singer)
Go listen to the song *Red Wine Mistakes Mythology* from Jack Johnson