A Quote by Benjamin Graham

Both individual skill (art) and chance are important factors in determining success or failure. — © Benjamin Graham
Both individual skill (art) and chance are important factors in determining success or failure.
Factors such as timing, luck, and destiny have a bearing on success. But success and failure are good teachers. Failure means something better is waiting for you. But I will allow myself to get upset at failure only if I know I have not given it my all.
The circumstances that surround a man's life are not important. How that man responds to those circumstances IS IMPORTANT. His response is the ultimate determining factor between success and failure.
Success and failure are both difficult to endure. Along with success come drugs, divorce, fornication, bullying, travel, meditation, medication, depression, neurosis and suicide. With failure comes failure.
I'm more afraid of success than failure. Success makes us so sure of ourselves that we do not analyze the factors that lead us to our success. Instead, in failure there's an error that lurks that makes us reflect and in that process there is learning and that makes us better
Failure is so important. We speak about success all the time. It is the ability to resist failure or use failure that often leads to greater success. I've met people who don't want to try for fear of failing.
Social evolution is a resultant of the interaction of two wholly distinct factors: the individual ... bearing all the power of initiative and origination in his hands; and, second, the social environment with its power of adopting or rejecting both him and his gifts. Both factors are essential to change. The community stagnates without the impulse of the individual. The impulse dies away without the sympathy of the community.
Kipling said that Success and Failure are both imposters, and we should all listen to Kipling, if only because none of us are likely to know anybody else named Rudyard. But having been bitten in my life by the jaws of both victory and defeat, I must rush to add that success is to failure as butter pecan ice cream is to death.
If optimism is important, it's because many outcomes are determined by how much of it we bring to the task. It is an important ingredient of success. This flies in the face of the elite view that talent is the primary requirement of a good life, but in many cases the difference between success and failure is determined by nothing more than our sense of what is possible and the energy we can muster to convince others of our due. We might be doomed not by a lack of skill, but by an absence of hope!
In Britain, by contrast, we still think that class plays a part in determining a person's life chances, so we're less inclined to celebrate success and less inclined to condemn failure. The upshot is that it's much easier to be a failure in Britain than it is in America.
Cultivate your desire for success to be greater than the fear of failure; Failure is merely a pitstop between where you stand and success. Failure allows you to learn the fastest; Failure inspires winners and defeats losers.
Training and managing your own mind is the most important skill you could ever own, in terms of both happiness and success.
In my experience, the skill of success breaks down into three things. The skill of marketing. The skill of sales. And the skill of leadership.
Optimism is a duty. The future is open. It is not predetermined. No one can predict it, except by chance. We all contribute to determining it by what we do. We are all equally responsible for its success.
I to the We means that both the individual's effort and the power of the network matter, and they work in tandem. Someone with no skill won't get very far, no matter how strong the network. Similarly, someone with lots of skill but a weak network won't realize his or her fullest potential. So, you need both.
Art does not, like science, set forth a permanent order of nature, the enduring skeleton of law. Two factors primarily determine its works: one is the idea in the mind of the artist, the other is his power of expression; and both these factors are extremely variable.
If Steinitz continually took pains to discover combinations, the success or failure of his diligent search could not be explained by him as due to chance. Hence, he concluded that some characteristic, a quality of the given position, must exist that would indicate the success or the failure of the search before it was actually undertaken.
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