+1 on Lefty's dead critter comment. A recovered game animal is a success by any standard. The ones that get away are the failures. And short of another hunter dropping that very animal we cannot determine the source of failure.
MudRunner is right about the members of this website as I feel it is the finest collection of like minded people I have found. Of the areas in this sport I am well versed I have found quality expertise expressed and that is not the norm. Kudos to Len for such a blessing!
We can expect to see better bullets developed but state of the art is amazing to an old shooter like me. I have watched bullets improve past the levels I thought possible. So in the final analysis by me, the terms bandied about as "bullet failures" can in most cases be traced to other sources (i.e. poor placement, over expectation of performance, etc.). But pertaining to info shared on this site it is hard to expect a bullet to hold together at the ultra velocities we start them at and still open readily at the greatly reduced velocity of a long range hit. I personally am content to have an accurate bullet for long range hits and have it perform as expected when it arrives.
I am of the belief, after a friend's 300 RUM vaporized its bullets at less than 70 yds on an elk, that for me the solution (or avoidance) to failure is two loads. First is the long range thumper that is the primary load. The second is a stout, well constructed but not necessarily sleek bullet for up close opportunities. The second load would have to shoot to the POA, within reason, of the primary load out to the distance where the primary bullet enters its velocity window. I believe, from postings on this site, that distance is around 300 yards.It may be a fool's errand but I have had rifles that shot different bullets to the same POA. That's the goal anyway.
When I started reloading in 1971 most of these "bullet failures" would have been pretty good results!
KB