Good stuff, and I certainly agree. One small addition. You say the gods of probability will eventually smile on you. Absolutely - assuming you are still in the game long enough for the luck to even out. A reason to be cautious about betting everything on a single hand (even a good one) or a single business.
A rough parallel is cheetahs chasing antelopes. They stop pursuing a fast antelope, not when they’re exhausted, but rather while they still have enough energy to pursue a second (hopefully slower) antelope.
Good stuff, and I certainly agree. One small addition. You say the gods of probability will eventually smile on you. Absolutely - assuming you are still in the game long enough for the luck to even out. A reason to be cautious about betting everything on a single hand (even a good one) or a single business.
A rough parallel is cheetahs chasing antelopes. They stop pursuing a fast antelope, not when they’re exhausted, but rather while they still have enough energy to pursue a second (hopefully slower) antelope.
A well made point!