Re: [vpFREE] Re: Bob Dancer's LV Advisor Column - 8 JAN 2013

 

Rarely? Can you give an example of luck being predictable? I
theoretically agree with the "I'd rather be lucky than good" inanity,
but it's a negative free-roll philosophy. It's either useless or it
implies that luck is relevant, in which case it can give birth to the
"due theory" or its opposite. It's just a matter of wisdom. In life
in general, the wise person cares about doing the right thing, whereas
the short-sighted person cares about getting lucky.

>And RARELY can you decide ahead of an event (which is when we have to make our decisions on most things) whether you will be "lucky" or not, all you can decide ahead of time is whether the odds are in your favor. Those who make good bets will win more often than those who do not, but those making good bets can get unlucky, and those making bad bets can get lucky, and we are best off making good bets and then hopiing that we don't get unlucky, which in the end determines how we did, than we are making bad bets and hoping we get lucky to offset our disadvantage.
>
>--BG

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