I’m currently reading a non-fiction book on investing. The author suggests you know the managing style of the CEO and trust him or her before investing your money in the company.

If a company has performed poorly the good CEO takes the blame for the failures of the business and tells the shareholders information to help them evaluate the performance and the future for the company.

The bad CEO doesn’t admit to mistakes even though it’s obvious something has gone wrong.

Whether the good CEO realizes it or not, he or she is following a Biblical truth:

Proverbs 28:13 (King James Version)

13He that covereth his sins shall not prosper: but whoso confesseth and forsaketh them shall have mercy.

I believe when you admit to mistakes–sins– you relieve yourself of anxiety.

1 John 1:8-10 (King James Version)

King James Version (KJV)

8If we say that we have no sin, we deceive ourselves, and the truth is not in us.

9If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness.

Confession is freeing.