On Luck

Image: wallpaper-s.org

This article from Forbes got me thinking about what luck meant. I, like the author, don't quite believe in luck, or the way luck is usually defined, as a random streak brought about by chance as opposed to as a result of any effort by the protagonist. Sure, random things do occur and some of them do turn out to be good things (just as much as they can be bad things), but for the most part, we make our own luck, or so I would like to believe. Or as some others would say, luck is all about good attitude. 

By definition, luck is something that occurs by chance or is random, and hence is not something predictable or within our control. Perhaps another attitude towards luck is just one of ambivalence or even agnosticism, where it doesn't matter if there is or is not such a thing since it is uncontrollable and unpredictable. But while I do think there is such a thing as luck, I like the way Edward Gibbon puts it:

"The winds and waves are always on the side of the ablest navigators.”

 On that note, I would be having a hiatus of 2 weeks so good luck to all and happy investing.