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.
by Tim E Wastin August 26, 2013
mugGet the Theory of Offsetting Mistakesmug.

Mistake

T3k_Lyc4n or aka Micheal
by Bbggbbgg November 27, 2021
mugGet the Mistakemug.

mistake

you
by period sweetie November 23, 2020
mugGet the mistakemug.

Mistake

A change that wasn't meant to happen.
by rest-stop-999 April 18, 2024
mugGet the Mistakemug.

mistake

me
by iamdum May 11, 2020
mugGet the mistakemug.

Mistake

Lol, Mistake is such a loser wtf
by Chad412 March 12, 2020
mugGet the Mistakemug.

mistake

ella’s mother: u were a mistake

ella: ok
by wenusmonster January 14, 2023
mugGet the mistakemug.

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