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What's Luck Got to Do with It? by Joseph Mazur

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Image CHAPTER 12 Image

Knowing When to Quit

Psychomanaging Risk

Some people are luckier than others,whereas chance is the same for everyone.Neither luck nor chance can be directly affectedby people, but one can take certain actions in orderto take advantage of good luck and avoid bad luck.—From a survey of blackjack players at an Amsterdam casino

The beautiful sylph Gwendolen in George Eliot’s Daniel Deronda is caught in the excitement of playing roulette when we find her daintily gloved, adjusting her winning coins for a moment before pushing them back to ...

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