“Luck and risk refer to the fact that every outcome in life is governed by forces other than individual effort. They are so alike that you cannot believe either one or the other without showing equal respect for both. Both happen to you. Because the world is too complex for 100 percent of your actions to determine 100 percent of your results.” Morgan Housel

“Luck and risk refer to the fact that every outcome in life is governed by forces other than individual effort. They are so alike that you cannot believe either one or the other without showing equal respect for both. Both happen to you. Because the world is too complex for 100 percent of your actions to determine 100 percent of your results.” Morgan Housel / The Psychology of Money