A Quote by Barry Ritholtz

You can blow on the dice all you want, but whether they come up 'seven' is still a function of random luck. — © Barry Ritholtz
You can blow on the dice all you want, but whether they come up 'seven' is still a function of random luck.
You can blow on the dice all you want, but whether they come up seven is still a function of random luck.
If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!
Contrary to what our brains are telling us, there's no mystical force that imbues a winner with a streak of luck, nor is there a cosmic sense of justice that ensures that a loser's luck will turn around. The universe doesn't care one whit whether you've been winning or losing; each roll of the dice is just like every other.
Success is made up of courage, brains, and luck. Since the first two are a function of the third, it's pretty much all luck.
My lucky number is four billion. That doesn't come in real handy when you're gambling. "Come on, four billion! Darn! Seven. Not even close. I need more dice."
Now, everybody knows the basic erogenous zones. You got one, two, three, four, five, six, and seven. ... OK, now most guys will hit one, two, three and then go to seven and set up camp. ... You want to hit 'em all and you wanna mix 'em up. You gotta keep 'em on their toes. ... You could start out with a little one. A two. A one, two, three. A three. A five. A four. A three, two. Two. A two, four, six. Two, four, six. Four. Two. Two. Four, seven! Five, seven! Six, seven! Seven! Seven! Seven! Seven! Seven! Seven! Seven! Seven! Seven! [holds up seven fingers]
I still think that luck is what a lot of the good things come from. It's simply the luck of where you are, when.
People really don't like to hear success explained away as luck — especially successful people. As they age, and succeed, people feel their success was somehow inevitable. They don't want to acknowledge the role played by accident in their lives. There is a reason for this: the world does not want to acknowledge it either. If you use better data, you can find better values; there are always market inefficiencies to exploit, and so on. But it has a broader and less practical message: don't be deceived by life's outcomes. Life's outcomes, while not entirely random, have a huge amount of luck baked into them. Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation.
Luck is very important. Of course you can't wait for luck, because it won't come. While you start a journey, luck may eventually come to you.
I have one final hope, If I get double sixes, maybe he will change his mind, come back to me. As if to cast a magic spell, I blow on the dice just as Dex did...Just as it happened with our first roll, one die lands before its mate. On a six! I hold my breath. For a brief second, I see a mess of dots, and think I have boxcars again. I kneel, staring at the second die. It is onle a five. I have rolled an eleven, It is as if someone is mocking me, saying, Close, but no dice.
The gods throw the dice and they don't ask whether we want to be in the game or not.
The truth about the climate crisis is still inconvenient to the large carbon polluters. And so they want to bob and weave and dodge the truth, and pretend like it's still a big controversy, and it's not. They want to pretend that this is up for debate. Like, whether or not the world is round is up for debate, or whether the moon landing really took place.
What's invaluable about actually going to the places you want to write about are the random accidental things that happen. Random, accidental detail is the best way to make a setting convincing. You can of course invent your own random details, and sometimes I will also mash up real incidents.
A man says to me, 'Can you explain the seven trumpets of the Revelation?' No, but I can blow one in your ear, and warn you to escape from the wrath to come.
In 2011, I did an internship in Seven Dials, a junction in London where seven roads come together. I'd given up on writing after multiple rejections for my first novel, and I was starting to consider a career in publishing instead, but Seven Dials gave me such a strong idea for a setting that I couldn't resist picking up my pen again.
These groups within a society can he distinguished according as to whether, like an army or an orchestra, they function as a single body; or whether they are united merely to defend their common interests and otherwise function as separate individuals.
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