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.
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.
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
Get the Theory of Offsetting Mistakesmug. You. You are a mistake. 🙂
You: mom, do you know of a mistake.
Mom: why yes honey.
You: when did it happen?
Mom: how old are you?
Mom: why yes honey.
You: when did it happen?
Mom: how old are you?
by CrazedFox December 10, 2018
Get the Mistakemug. Dating a boy or just boys in general are the literal definition of a mistake.
The definition of a mistake is the gender boys and you should be very careful if you ever meet one on the street.
The definition of a mistake is the gender boys and you should be very careful if you ever meet one on the street.
"Hey dude, u ok?"
"Nah not rly bro, i made a big mistake"
"Wassup dude"
"I kissed someone.. a boy"
"Ew dude, mistake"
"Nah not rly bro, i made a big mistake"
"Wassup dude"
"I kissed someone.. a boy"
"Ew dude, mistake"
by koefoedida March 10, 2021
Get the Mistakemug. 
by Mweh he he April 28, 2023
Get the Mistakemug. 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.
by RNKMXN November 5, 2022
Get the Honest mistakemug.