It is a lot more than that.
It is the key to science - experimentation and research are nothing more than expressions of the recognition that an idea might be wrong.
In the Catholic tradition, It is one of the Seven Cardinal Virtues, the opposite of one of the Seven Deadly Sins, and would have kept Lucifer out of Hell.
Socrates considered it the single most important part of wisdom.
In my own experience, it is the most common difference between a loser and a winner, between a jerk and a decent person, between a bore and a wit. Between a terrorist and a saint.
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