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Hello MT,
A library might be filled with stuff just concerning "LUCK" .
For proof I offer that just minutes ago I Googled that single word and
was hit with 22,000,000+ results-how is that for Luck? (G)
My main reason for writing is that I have an Old printed card on my
office wall that reads -
"I am a great believer in Luck,the harder I work,the more of it I
seem to have."
I have generally found this to be true.
Best,
Carl
Friday, May 6, 2005, 5:54:52 PM, you wrote:
M> Chris Cheatham wrote:
>>
>> > Am I particularly unlucky?
>> there is no such thing as luck. You appear lucky when you align yourself
>> with the laws that govern mkts, or life for that matter.
>>
M> Interesting.
M> Actually I always believed that luck (chance) is probably THE most
M> determining factor in our life. Because we are primarily affected by
M> factors over which we have little or no control (boom/bust cycles,
M> peace/war, crazy governments etc).
M> On many things which affect us, we have as much influence as we have on
M> "commanding" the weather to be sunny or rainy. Thus, imo luck is imo #1
M> factor in trading/investing, in business, in health, in relations etc.
M> If there's no luck, then I guess I shouldn't consider the stock investor
M> whose investment horizon included the 1990s bullmarket "luckier" than
M> another whose investment horizon was the 1970s or 1930s. Or consider the
M> person who happened to be born in Sweden or USA "luckier" than someone
M> who happened to be born in Afganistan, Iraq, Africa or China
M> countryside.
M> I've met quite a few businessmen and realized that most of them
M> responded somewhat blindly to the incentives of their particular era,
M> and often grew either rich or poor depending largely on lucky or unlucky
M> timing.
M> Bottom-line, I'd always prefer being simply lucky rather than
M> smart/hard-working/whatever.
M> M
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