In The Intelligent Investor (1949) Benjamin Graham observes that in the financial world, although pursuing a sensible strategy tends to make for more steady progress and fewer utter disasters, the very best results tend to come largely by chance: the result of being prepared, being in the right place, and being lucky. Likewise in life ...

(see also BennettOnLife (19 Mar 2000), MoneyWisdom (20 May 2001), BubbleBusters (6 Feb 2002), MagnaFortuna (7 Oct 2003), PracticalProductivity (20 Jan 2004), ...)

TopicLife - 2004-12-12

(correlates: DangerousGame, BeTheChange, BubbleBusters, ...)