Odds Favor Quotes

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Happy Hunger Games! And may the odds be ever in your favor.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
May the odds be ever in your favor!
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
Alec isn’t happy,” said Magnus, as if she hadn’t spoken. “Of course he isn’t,” Isabelle snapped. “Jace—” “Jace,” said Magnus, and his hands made fists at his sides. Isabelle stared at him. She had always thought that he didn’t mind Jace; liked him, even, once the question of Alec’s affections had been settled. Out loud, she said: “I thought you were friends.” “It’s not that,” said Magnus. “There are some people — people the universe seems to have singled out for special destinies. Special favors and special torments. God knows we’re all drawn toward what’s beautiful and broken; I have been, but some people cannot be fixed. Or if they can be, it’s only by love and sacrifice so great it destroys the giver.” Isabelle shook her head slowly. “You’ve lost me. Jace is our brother, but for Alec — he’s Jace’s parabatai too —” “I know about parabatai,” said Magnus, his voice rising in pitch. “I’ve known parabatai so close they were almost the same person; do you know what happens, when one of them dies, to the one that’s left—” “Stop it!” Isabelle clapped her hands over her ears, then lowered them slowly. “How dare you, Magnus Bane,” she said. “How dare you make this worse than it is —” “Isabelle.” Magnus’ hands loosened; he looked a little wide-eyed, as if his outburst had startled even him. “I am sorry. I forget, sometimes . . . that with all your self-control and strength, you possess the same vulnerability that Alec does.” “There is nothing weak about Alec,” said Isabelle. “No,” said Magnus. “To love as you choose, that takes strength. The thing is, I wanted you here for him. There are things I can’t do for him, can’t give him . . .” For a moment Magnus looked oddly vulnerable. “You have known Jace as long as he has. You can give him understanding I can’t. And he loves you.” “Of course he loves me. I’m his sister.” “Blood isn’t love,” said Magnus, and his voice was bitter. “Just ask Clary.
Cassandra Clare (City of Lost Souls (The Mortal Instruments, #5))
She zips back to the podium, and I don't even have time to wish for Gale's safety when she's reading the name. "Peeta Mellark." Peeta Mellark! Oh, no, I think. Not him. Because I recognize this name, although I have never spoken directly to its owner. Peeta Mellark. No, the odds are not in my favor today.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
And may the odds -" He tosses a berry in a high arc toward me. I catch it in my mouth and break the delicate skin with my teeth. The sweet tartness explodes across my tongue. "- be ever in your favor!" I finish with equal verve.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
One slip. One slip in thousands. The odds had been entirely in her favor. But it hadn't mattered.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
Other pirates leaped over the railing. One, two... seven... thirteen. A baker’s dozen. Wait, fifteen. Eighteen... Twenty-one. The odds weren’t in our favor. “Maybe they just came over to borrow a cup of sugar,” I said. Andrea barked a short laugh. Curran put his hand on my shoulder. “That’s a lot of sugar. Must be a big cake.
Ilona Andrews (Magic Rises (Kate Daniels, #6))
Loving people, and allowing yourself to be loved, was only worth the risk if the odds were in your favor, but they quite clearly weren't. There were about seventy-nine squillion people in the world, and if you were very lucky, you would end up being loved by fifteen or twenty of them. So how smart did you have to be to work out that it just wasn't worth the risk?
Nick Hornby (About a Boy)
When something is important enough, you do it even if the odds are not in your favor.
Elon Musk
I need your help.” Royce looked up as if his head weighed a hundred pounds, his eyes red, his face ashen. He waited. “One last job,” Hadrian told him, then added, “I promise.” “Is it dangerous?” “Very.” “Is there a good chance I’ll get killed?” “Odds are definitely in favor of that.” Royce nodded, looked down at the scarf in his lap, and replied, “Okay.
Michael J. Sullivan (Heir of Novron (The Riyria Revelations, #5-6))
On the other hand, investing is a unique kind of casino—one where you cannot lose in the end, so long as you play only by the rules that put the odds squarely in your favor.
Benjamin Graham (The Intelligent Investor)
Greeting to the final contestants of the Seventy-fourth Hunger Games. The earlier revision has been revoked. Closer examination of the rule book has disclosed that only one winner may be allowed," he says. "Good luck and may the odds be ever in your favor.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
Even though the odds are in my favor, doesn’t mean they’ll end up that way. First rule of cards. And of life.
Jessica Sorensen (The Destiny of Violet & Luke (The Coincidence, #3))
Dropping in and out of your own life (for psychotic breaks, or treatment in a hospital) isn’t like getting off a train at one stop and later getting back on at another. Even if you can get back on (and the odds are not in your favor), you’re lonely there. The people you boarded with originally are far, far ahead of you, and now you’re stuck playing catch-up.
Elyn R. Saks (The Center Cannot Hold: My Journey Through Madness)
In a much quoted passage in his inaugural address, President Kennedy said, "Ask not what your country can do for you -- ask what you can do for your country." It is a striking sign of the temper of our times that the controversy about this passage centered on its origin and not on its content. Neither half of the statement expresses a relation between the citizen and his government that is worthy of the ideals of free men in a free society. The paternalistic "what your country can do for you" implies that government is the patron, the citizen the ward, a view that is at odds with the free man's belief in his own responsibility for his own destiny. The organismic, "what you can do for your country" implies that government is the master or the deity, the citizen, the servant or the votary. To the free man, the country is the collection of individuals who compose it, not something over and above them. He is proud of a common heritage and loyal to common traditions. But he regards government as a means, an instrumentality, neither a grantor of favors and gifts, nor a master or god to be blindly worshiped and served. He recognizes no national goal except as it is the consensus of the goals that the citizens severally serve. He recognizes no national purpose except as it is the consensus of the purposes for which the citizens severally strive.
Milton Friedman (Capitalism and Freedom)
(There is a saying among women scientists who attend highly specialized engineering universities, where the girl-to-guy ratio is decidedly in their favor: “The odds are good, but the goods are odd.”)
Michio Kaku (The Future of the Mind: The Scientific Quest To Understand, Enhance and Empower the Mind)
Last will never be more important than commitment. Commitment stacks the odds of a successful relationship in my favor.
Gena Showalter (Firstlife (Everlife, #1))
In this convoluted world where sex has become a party favor rather than a solemn, beautiful part of love between two people, I think virginity is sexy. I don't like promiscuity. Oddly, at the turn of the 20th century, even men were expected to wait until marriage to indulge. I think that's sexy, too. Okay, I'm a dinosaur, I admit it. I don't belong in the modern world.
Diana Palmer
Imagine a speck of dust next to a planet a billion times the size of the earth. The speck of dust represents the odds in favor of your being born; the huge planet would be the odds against it. So stop sweating the small stuff. Don’t be like the ingrate who got a castle as a present and worried about the mildew in the bathroom. Stop looking the gift horse in the mouth—remember that you are a Black Swan.
Nassim Nicholas Taleb (The Black Swan: The Impact of the Highly Improbable)
The art of negotiation favored not the one with the better odds but the one who could convince his opponents that his were the best odds.
Grace Draven (Entreat Me)
The trick when dealing with failure is arranging your financial life in a way that a bad investment here and a missed financial goal there won’t wipe you out so you can keep playing until the odds fall in your favor. But more important is that as much as we recognize the role of luck in success, the role of risk means we should forgive ourselves and leave room for understanding when judging failures.
Morgan Housel (The Psychology of Money: Timeless lessons on wealth, greed, and happiness)
Sometimes you just need to know when a fight is best saved for another day when the odds are more in your favour.
A.J. Darkholme (Rise of the Morningstar (The Morningstar Chronicles, #1))
Before we go further we should define what optimism is. Real optimists don’t believe that everything will be great. That’s complacency. Optimism is a belief that the odds of a good outcome are in your favor over time, even when there will be setbacks along the way.
Morgan Housel (The Psychology of Money: Timeless lessons on wealth, greed, and happiness)
I just hadn't wanted to admit it, because admitting it meant acknowledging the possibility that the odds might be in my favor. And that possibility was terrifying.
Robyn Schneider (Extraordinary Means)
She had realized something over the recent months: it didn’t matter who you were or what you’d accomplished in life; none of that mattered when tragedy struck. You had no pull; no power. You had no choice. There was nothing to gamble with; nothing to do to put the odds in your favor. You were there and then you were gone, leaving those around you to realize how insignificant they all really were; leaving them to try to pick up the destroyed pieces.
Lindy Zart (Take Care, Sara)
Life is one big fat gamble, and the odds are never in your favor. So you either go for it anyway and toss the dice or you don't play. But not playing?" She jabbed him in the bare chest with her finger. "That's the coward's way out. And I hadn't pegged you for a coward. Figure your shit out.
Jill Shalvis (Once in a Lifetime (Lucky Harbor #9))
The line between gambling and investing is artificial and thin. The soundest investment has the defining trait of a bet (you losing all of your money in hopes of making a bit more), and the wildest speculation has the salient characteristic of an investment (you might get your money back with interest). Maybe the best definition of “investing” is “gambling with the odds in your favor.
Michael Lewis (The Big Short: Inside the Doomsday Machine)
Good luck and may the odds be ever in your favor.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
If something is important enough, you do it even if the odds aren't in your favor.
Elon Musk
More than anything, I began to hate women writers. Frances Burney, Jane Austen, Elizabeth Browning, Mary Shelley, George Eliot, Virginia Woolf. Bronte, Bronte, and Bronte. I began to resent Emily, Anne, and Charlotte—my old friends—with a terrifying passion. They were not only talented; they were brave, a trait I admired more than anything but couldn't seem to possess. The world that raised these women hadn't allowed them to write, yet they had spun fiery novels in spite of all the odds. Meanwhile, I was failing with all the odds tipped in my favor. Here I was, living out Virginia Woolf's wildest feminist fantasy. I was in a room of my own. The world was no longer saying, "Write? What's the good of your writing?" but was instead saying "Write if you choose; it makes no difference to me.
Catherine Lowell (The Madwoman Upstairs)
The odds were so not in my favor. My situation sucked to the messed-up-degree.
Angela McPherson (Hope's Decree (The Fated #1))
Those were long odds. Really, really long odds. Ridiculously long odds, really. When you have to measure them in astronomical units, it probably isn't a good bet.
Jim Butcher (Small Favor (The Dresden Files, #10))
As professionals , the odds were in our favor, or so we believed.
Floyd C. Forsberg (The Toughest Prison of All)
Hope was a funny thing. It kept you dangling by a thread until the last possible moment, even when the odds weren't in your favor.
Susan Anne Mason (The Highest of Hopes (Canadian Crossings, #2))
I am sometimes taken aback by how people can have a miserable day or get angry because they feel cheated by a bad meal, cold coffee, a social rebuff or a rude reception. We are quick to forget that just being alive is an extraordinary piece of good luck, a remote event, a chance of occurrence of monstrous proportions. Imagine a speck of dust next to a planet a billion times the size of earth. The speck of dust represents the odds in favor of your being born; the huge planet would be the odds against it. So stop sweating the small stuff. Don’t be like the ingrate who got a castle as a present and worried about the mildew in the bathroom. Stop looking at the gift horse in the mouth – remember you are a Black Swan.
Nassim Nicholas Taleb
It’s one thing to have a support system in your life to cheer you on during the instances when everyone is rooting for you. However, it’s another thing entirely to look back in your darkest moments and still see them standing in your corner, encouraging you to stay in the ring and FIGHT, when the odds aren’t in your favor and all you want to do is throw in the towel. Not many people in this life will be on your side even when they aren’t on your side. Even less who momentarily will slam doors out of frustration but never actually lock you out. Unconditional love; the definition of sister.
Alicia Cook (Stuff I've Been Feeling Lately)
At Latham House, we were asked to believe in unlikely miracles. In second chances. We woke up each morning hoping that the odds had somehow swung in our favor. But that’s the thing about odds. Roll a die twice, and you expect two different results. Except it doesn’t work that way. You could roll the same side over and over again, the laws of the universe intact and unchanging with each turn. It’s only when you consider the past that the odds change. That things become less and less likely. Here’s something I know because I’m a nerd: up until the middle of the twentieth century, dice were made out of cellulose nitrate. It’s a material that remains stable for decades but, in a flash, can decompose. The chemical compound breaks down, releasing nitric acid. So every time you roll a die, there’s a small chance that it won’t give you a result at all, that instead it will cleave, crumble, and explode.
Robyn Schneider (Extraordinary Means)
Having a daughter whose company he actually enjoyed was one of Jim’s favorite accomplishments. The odds were against you, in all matters of family planning. You couldn’t choose to have a boy or a girl; you couldn’t choose to have a child who favored you over the other parent. You could only accept what came along naturally...
Emma Straub (The Vacationers)
Jerusalem was capital of southern Israel, known then as Judah. Isn't it true that there's always a rivalry between north and south? North and South Korea, North and South Vietnam, Northern and Southern Ireland, Yankees and Rebels, uptown and downtown. Somebody please tell me why that is? Maybe southerners get too much sun, like Mr. Sock over there, frying his threads, and northerners don't get enough (although I hardly think northern Israel a cool spot in the shade), but southern peoples--tropical and downtown types--always seem to lean toward decadence, whereas uptown, in the north, progress is favored. Decadence and progress obviously are at odds.
Tom Robbins (Skinny Legs and All)
May be odds be always in your favor
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
When people’s well-being depends on hitting certain numbers, they get very interested in tilting the odds in their favor.
Dan Heath (Upstream: The Quest to Solve Problems Before They Happen)
The odds had been entirely in her favor. But it hadn’t mattered.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
May the odds be ever in your favor.
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
Good ideas are rare—when the odds are greatly in your favor, bet (allocate) heavily.
Charles T. Munger (Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger)
When something is important enough. you do it. even if the odds are not in your favor.
Elon Musk
Faith in technique is the religion of the dangerous trades. To go up against an armed felon in a gunfight or to fight him in the dirt you have to believe perfect technique, hard training, will guarantee that you are invincible. This is not true, particularly in firefights. You can stack the odds in your favor, but if you get into enough gunfights, you will be killed in one.
Thomas Harris (Hannibal (Hannibal Lecter, #3))
What makes a freethinker is not his beliefs but the way in which he holds them. If he holds them because his elders told him they were true when he was young, or if he holds them because if he did not he would be unhappy, his thought is not free; but if he holds them because, after careful thought he finds a balance of evidence in their favor, then his thought is free, however odd his conclusions may seem.
Bertrand Russell
Military history is just as often the tangential story of an appeasement that fails to head off warmongering as it is of an aggressive chest-thumping that prompts conflict. The destructive military careers of Alexander the Great, Caesar, Napoleon, and Hitler all would have ended earlier had any of their numerous enemies united when the odds favored them, had any listened to a Demosthenes, a Cato the Younger, or a Churchill.
Victor Davis Hanson (The Father of Us All: War and History, Ancient and Modern)
I believe the expression is ‘hot as fuck’.” “Why is that a thing? There must be a lot of optimistic virgins out there using this verbiage because at best the odds are fifty/ fifty when in reality it’s closer to seventy/thirty in favor of it not being hot at all––” There’s no stopping her once she’s on a rant. “Where as fudge is almost always hot.
P. Dangelico (Wrecking Ball (Hard to Love #1))
So imagine two scenarios. Let’s say it’s the holidays, and two different neighbors invite you to their parties in the same week. You accept both invitations. In one case, you do the irrational thing and give Neighbor X a bottle of Bordeaux; for the second party you adopt the rational approach and give Neighbor Z $50 in cash. The following week, you need some help moving a sofa. How comfortable would you be approaching each of your neighbors, and how do you think each would react to your request for a favor? The odds are that Neighbor X will step in to help. And Neighbor Z? Since you have already paid him once (to make and share dinner with you), his logical response to your request for help might be, “Fine. How much will you pay me this time?” Again, the prospect of acting rationally, financially speaking, sounds deeply irrational in terms of social norms. The point is that while gifts are financially inefficient, they are an important social lubricant. They help us make friends and create long-term relationships that can sustain us through the ups and downs of life. Sometimes, it turns out, a waste of money can be worth a lot.
Dan Ariely (Predictably Irrational: The Hidden Forces That Shape Our Decisions)
Smalls, my parents' house is pretty big. The odds are more in favor of a burglar sneaking around than your boy-boy. I can't let you take that risk alone. If you're gonna get murdered, then I'm gonna get murdered with you." She shrugged. "It's what any good friend would do.
Cole Gibsen (Breathless)
Conservative is avoiding a certain level of risk. Margin of safety is raising the odds of success at a given level of risk by increasing your chances of survival. Its magic is that the higher your margin of safety, the smaller your edge needs to be to have a favorable outcome.
Morgan Housel (The Psychology of Money: Timeless lessons on wealth, greed, and happiness)
Each decision we make, no matter how mundane, involves an element of chance. Everything from the food we eat, to the relationships we enter into, to the jobs we pursue- we all calculate the pros and cons and then make the best choice we can, using the information we have. It's the same with medicine. You can weigh the benefits and risks all you want, but at some point, you have to dive in and hope that the odds are in your favor.
Amita Parikh (The Circus Train)
Joining a gang is like sky diving without a parachute. Oh, at first it’s all fun, as you take on gravity in a thrilling and exhilarating free fall towards earth. The truth is, anything that is risky and dangerous always starts out as fun. But the odds are always stacked in gravity’s favor, for you will eventually come face to face with the earth, and mother earth always wins those battles. The same thing can be said about being in a gang.
Drexel Deal (The Fight of My Life is Wrapped Up in My Father (The Fight of My Life is Wrapped in My Father Book 1))
The tendency to make poor decisions and ignore odds in favor of your gut feelings is called the affect heuristic.
David McRaney (You Are Not So Smart: Why You Have Too Many Friends on Facebook, Why Your Memory Is Mostly Fiction, and 46 Other Ways You're Deluding Yourself)
May the odds be ever in your favor ~ Effie Trinket
Suzanne Collins (The Hunger Games Trilogy Boxset (The Hunger Games, #1-3))
Alone, you're vastly outnumbered; but in the company of another, by some weird miracle of human math, the odds seem wonderfully improved in your favor.
Charles D'Ambrosio
The odds are not in our favor.
Stacey Rourke (The Conduit (Gryphon, #1))
And May The Odds Ever Be In Your Favor!
Suzanne Collins (The Hunger Games (The Hunger Games, #1))
I have never been one to ignore the signs. Unless, of course, it works in my favor.
Jaida Jones (Dragon Soul (Havemercy, #3))
All the odds are in my favor Something’s bound to begin It's got to happen, happen sometime Maybe this time I’ll win
Sally Bowles
But now I get it! I am that other one! I've finally seen through my own image! I burn with love for - me! The spark I kindle is the torch I carry: whatever can I do? Am I the favor-seeker, or the favor sought? Why seek at all, when all that I desire is mine already? Riches in such abundance that I've been left completely without means! Oh, would that I were able to secede from my own body, depart from what I love! (Now that's an odd request from any lover.) My grief is draining me, my end is near; soon I will be extinguished in my prime. This death is no grave matter, for it brings an end to sorrow. Of course, I would have been delighted if my beloved could have lived on, but now in death we two will merge as one.
Ovid (Metamorphoses)
You want to choose a path that puts the odds of winning in your favor; in poker, it’s called game selection. What determines if you win in any game (or business) isn’t how good you are; it’s how good you are relative to your competition. That’s why it’s so important to know your own strengths and weaknesses and find a market in which you have an inherent advantage.
Patrick Bet-David (Your Next Five Moves: Master the Art of Business Strategy)
I'm not the gambling type. I’ve never understood how some people can get addicted to games in which the probability of losing is so high. They’re not stupid people. They know the odds aren’t in their favor, yet they risk more than they can possibly afford to lose. Right now, I think I finally get it. Losing isn’t what drives them. It’s the glimmer of that one spectacular win.
Leisa Rayven (Broken Juliet (Starcrossed, #2))
In the standard rational model of economics, people take risks because the odds are favorable—they accept some probability of a costly failure because the probability of success is sufficient.
Daniel Kahneman (Thinking, Fast and Slow)
The average woman, unless she is particularly ill-favored, regards loving and being loved as a normal part of life. If a man says he loves her she believes him. Indeed some women are convinced they are adored by men who can be seen by all to be running in the opposite direction. For homosexuals this is not so. Love and admiration have to be won against heavy odds. Any declaration of affection requires proof. So many approaches made to them are insincere - even hostile. What better proof of love can there be than money? A ten-shilling note showed incontrovertibly just how mad about you a man is. Even in the minds of some women a confusion exists between love and money if the quantity is large enough. They evade the charge of mercenariness by using the cash they extort from one man to deal a bludgeoning blow of humiliation upon another. Some homosexuals attempt this gambit, but it is risky. The giving of money is a masculine act and blurs the internal image.
Quentin Crisp (The Naked Civil Servant)
That fact had been disclosed in a magazine profile. How odd that those who loved the limelight could reveal personal details to curry favor with an interviewer and later forget what they had said.
Dean Koontz (The Silent Corner (Jane Hawk, #1))
it didn’t matter who you were or what you’d accomplished in life; none of that mattered when tragedy struck. You had no pull; no power. You had no choice. There was nothing to gamble with; nothing to do to put the odds in your favor. You were there and then you were gone, leaving those around you to realize how insignificant they all really were; leaving them to try to pick up the destroyed pieces.
Lindy Zart (Take Care, Sara)
Soldiers and comrades in this adventure,” he said. “I hope that none of you in our present strait will think to show his wit by exactly calculating all the perils that encompass us, but that you will rather hasten to close with the enemy, without staying to count the odds, seeing in this your best chance of safety. In emergencies like ours calculation is out of place; the sooner the danger is faced the better.
Ryan Holiday (Courage Is Calling: Fortune Favors the Brave (The Stoic Virtues Series))
You cannot remove randomness from the universe. You can, however, use your 168 hours to stack the odds in your favor. To do this, you have to place many bets, and leave nothing you can control to chance. In other words, you have to be open to possibilities, and plan for opportunities.
Laura Vanderkam (168 Hours: You Have More Time Than You Think)
best definition of “investing” is “gambling with the odds in your favor.” The people on the short side of the subprime mortgage market had gambled with the odds in their favor. The people on the other side—the entire financial system, essentially—had gambled with the odds against them.
Michael Lewis (The Big Short)
Natalie Waite, who was seventeen years old but who felt that she had been truly conscious only since she was about fifteen, lived in an odd corner of the world of sound and sight past the daily voices of her father and mother and their incomprehensible actions. For the past two years—since, in fact, she had turned around suddenly one bright morning and seen from the corner of her eye a person called Natalie, existing, charted, inescapably located on a sport of ground, favored with sense and feet and a bright-red sweater, and most obscurely alive—she had lived completely by herself, allowing not even her father access to the farther places of her mind. She visited strange countries, and the voices of their inhabitants were constantly in her ear; when her father spoke he was accompanied by a sound of distant laughter, unheard probably by anyone else except his daughter.
Shirley Jackson (Hangsaman)
The entire United States government had been drifting that way for some time—management jobs once done by career civil servants being turned into roles performed by people appointed by the president. One of the problems this created was management inexperience: the average tenure of the appointees fluctuated between eighteen months and two years, depending on the administration. Another was the kind of person the job now selected for. There would be exceptions, of course, but the odds favored the pleaser. The person who did not present risks to the White House’s political operation.
Michael Lewis (The Premonition: A Pandemic Story)
O to struggle against great odds, to meet enemies undaunted! To be entirely alone with them, to find how much one can stand! To look strife, torture, prison, popular odium, face to face! To mount the scaffold, to advance to the muzzles of guns with perfect nonchalance! To be indeed a God! Walt Whitman
Ryan Holiday (Courage Is Calling: Fortune Favors the Brave (The Stoic Virtues Series))
People who suffer the most from a given state of affairs are paradoxically the least likely to question, challenge, reject, or change it.” To explain this peculiar phenomenon, Jost’s team developed a theory of system justification. Its core idea is that people are motivated to rationalize the status quo as legitimate—even if it goes directly against their interests. In one study, they tracked Democratic and Republican voters before the 2000 U.S. presidential election. When George W. Bush gained in the polls, Republicans rated him as more desirable, but so did Democrats, who were already preparing justifications for the anticipated status quo. The same happened when Al Gore’s likelihood of success increased: Both Republicans and Democrats judged him more favorably. Regardless of political ideologies, when a candidate seemed destined to win, people liked him more. When his odds dropped, they liked him less. Justifying the default system serves a soothing function. It’s an emotional painkiller: If the world is supposed to be this way, we don’t need to be dissatisfied with it. But acquiescence also robs us of the moral outrage to stand against injustice and the creative will to consider alternative ways that the world could work.
Adam M. Grant (Originals: How Non-Conformists Move the World)
Living in the age of the Internet and being a part of the information generation, we have unlimited access to an unprecedented wealth of knowledge and learning. We have no excuse to show up to an appointment, a sales call, a date, or an important meeting without learning everything we can to tip the odds in our favor.
Susan C. Young (The Art of Preparation: 8 Ways to Plan with Purpose & Intention for Positive Impact (The Art of First Impressions for Positive Impact, #2))
WHY 20 MILE MARCHERS WIN 20 Mile Marching helps turn the odds in your favor for three reasons: 1. It builds confidence in your ability to perform well in adverse circumstances. 2. It reduces the likelihood of catastrophe when you’re hit by turbulent disruption. 3. It helps you exert self-control in an out-of-control environment.
James C. Collins (Great by Choice: Uncertainty, Chaos, and Luck—Why Some Thrive Despite Them All)
To quote Gould: Wind the tape of time back to Burgess times, and let it play again. If Pikaia does not survive in the replay, we are wiped out of future history—all of us, from shark to robin to orangutan. And I don’t think that any handicapper, given Burgess evidence as known today, would have granted very favorable odds for the persistence of Pikaia. And so, if you wish to ask the question of the ages—why do humans exist?—a major part of the answer, touching those aspects of the issue that science can treat at all, must be: because Pikaia survived the Burgess decimation. This response does not cite a single law of nature; it embodies no statement about predictable evolutionary pathways, no calculation of probabilities based on general rules of anatomy or ecology. The survival of Pikaia was a contingency of “just history.” I do not think that any “higher” answer can be given, and I cannot imagine that any resolution could be more fascinating. We are the offspring of history, and must establish our own paths in this most diverse and interesting of conceivable universes—one indifferent to our suffering, and therefore offering us maximum freedom to thrive, or to fail, in our own chosen way.
Christopher Hitchens (God Is Not Great: How Religion Poisons Everything)
When you gamble- you win some and you lose some, but you know that the reality is, the odds are in favor of the house. You don't sense it happening. But you know its true because the casinos remain. They continue to exist. The same can be said of love, because the odds are that eventually, love will attract love. You might not sense it happening. But you know its true because we remain. We continue to exist.
José N. Harris
The people on the short side of the subprime mortgage market had gambled with the odds in their favor. The people on the other side—the entire financial system, essentially—had gambled with the odds against them. Up to this point, the story of the big short could not be simpler. What’s strange and complicated about it, however, is that pretty much all the important people on both sides of the gamble left the table rich.
Michael Lewis (The Big Short: Inside the Doomsday Machine)
. . . I bet I'm beginning to make some parents nervous - here I am, bragging of being a dropout, and unemployable, and about to make a pitch for you to follow your creative dreams, when what parents want is for their children to do well in their field, to make them look good, and maybe also to assemble a tasteful fortune . . . But that is not your problem. Your problem is how you are going to spend this one odd and precious life you have been issued. Whether you're going to live it trying to look good and creating the illusion that you have power over people and circumstances, or whether you are going to taste it, enjoy it, and find out the truth about who you are . . . I do know you are not what you look like, or how much you weigh, or how you did in school, or whether you start a job next Monday or not. Spirit isn't what you do, it's . . . well, again, I don't actually know. They probably taught this junior year at Goucher; I should've stuck around. But I know that you feel best when you're not doing much - when you're in nature, when you're very quiet or, paradoxically, listening to music . . . We can see Spirit made visible when people are kind to one another, especially when it's a really busy person, like you, taking care of the needy, annoying, neurotic person, like you. In fact, that's often when we see Spirit most brightly . . . In my twenties I devised a school of relaxation that has unfortunately fallen out of favor in the ensuing years - it was called Prone Yoga. You just lay around as much as possible. You could read, listen to music, you could space out or sleep. But you had to be lying down. Maintaining the prone. You've graduated. You have nothing left to prove, and besides, it's a fool's game. If you agree to play, you've already lost. It's Charlie Brown and Lucy, with the football. If you keep getting back on the field, they win. There are so many great things to do right now. Write. Sing. Rest. Eat cherries. Register voters. And - oh my God - I nearly forgot the most important thing: refuse to wear uncomfortable pants, even if they make you look really thin. Promise me you'll never wear pants that bind or tug or hurt, pants that have an opinion about how much you've just eaten. The pants may be lying! There is way too much lying and scolding going on politically right now without having your pants get in on the act, too. So bless you. You've done an amazing thing. And you are loved; you're capable of lives of great joy and meaning. It's what you are made of. And it's what you're here for. Take care of yourselves; take care of one another. And give thanks, like this: Thank you.
Anne Lamott (Plan B: Further Thoughts on Faith)
fingers encircle a blackberry and pluck it from its stem. I roll it gently between my thumb and forefinger. Suddenly, I turn to him and toss it in his direction. “And may the odds —” I say. I throw it high so he has plenty of time to decide whether to knock it aside or accept it. Gale’s eyes train on me, not the berry, but at the last moment, he opens his mouth and catches it. He chews, swallows, and there’s a long pause before he says “— be ever in your favor.
Suzanne Collins (Mockingjay (The Hunger Games, #3))
clasp the flask between my hands even though the warmth from the tea has long since leached into the frozen air. My muscles are clenched tight against the cold. If a pack of wild dogs were to appear at this moment, the odds of scaling a tree before they attacked are not in my favor. I should get up, move around, and work the stiffness from my limbs. But instead I sit, as motionless as the rock beneath me, while the dawn begins to lighten the woods. I can’t fight the sun.
Suzanne Collins (Catching Fire (The Hunger Games, #2))
A lot of poker comes down to luck,” Annie told me. “Just like life. You never know where you’ll end up. When I checked myself into the psych hospital my sophomore year, there’s no way I would have guessed I would end up as a professional poker player. But you have to be comfortable not knowing exactly where life is going. That’s how I’ve learned to keep the anxiety away. All we can do is learn how to make the best decisions that are in front of us, and trust that, over time, the odds will be in our favor.
Charles Duhigg (Smarter Faster Better: The Secrets of Being Productive in Life and Business)
In the context of 1948, 1984 seemed dreadfully convincing. But tyrants, after all, are mortal and circumstances change. Recent developments in Russia and recent advances in science and technology have robbed Orwell’s book of some of its gruesome verisimilitude. A nuclear war will, of course, make nonsense of everybody’s predictions. But, assuming for the moment that the Great Powers can somehow refrain from destroying us, we can say that it now looks as though the odds were more in favor of something like Brave New World than of something like 1984.
Aldous Huxley (The Ultimate Brave New World: Brave New World, Island and Brave New World Revisited)
The most-studied evidence, by the greatest number of economists, concerns what is called short-term dependence. This refers to the way price levels or price changes at one moment can influence those shortly afterwards-an hour, a day, or a few years, depending on what you consider "short." A "momentum" effect is at work, some economists theorize: Once a stock price starts climbing, the odds are slightly in favor of it continuing to climb for a while longer. For instance, in 1991 Campbell Harvey of Duke- he of the CFO study mentioned earlier-studied stock exchanges in sixteen of the world's largest economies. He found that if an index fell in one month, it had slightly greater odds of falling again in the next moth, or, if it had risen, greater odds of continuing to rise. Indeed, the data show, the sharper the move in the first, the more likely is is that the price trend will continue into the next month, although at a slower rate. Several other studies have found similar short-term trending in stock prices. When major news about a company hits the wires, the stock will react promptly-but it may keep on moving for the next few days as the news spreads, analysts study it, and more investors start to act upon it.
Benoît B. Mandelbrot (The (Mis)Behavior of Markets)
It was strange. She would have thought that she'd sense John's presence, feel him in the air, see him in the surroundings they'd shared for two years. But instead, he was simply gone, and the influx of women had changed the tone of the house entirely. Francesca supposed that was a good thing; she needed the support of women right now. But it was odd, living among women. There were more flowers now - vases everywhere, it seemed. And there was no longer any lingering smell of John's cheroot, or the sandalwood soap he'd favored. Kilmartin House now smelled of lavender and rose-water, and every whiff of it broke Francesca's heart.
Julia Quinn (When He Was Wicked (Bridgertons, #6))
Saturday evening, on a quiet lazy afternoon, I went to watch a bullfight in Las Ventas, one of Madrid's most famous bullrings. I went there out of curiosity. I had long been haunted by the image of the matador with its custom made torero suit, embroidered with golden threads, looking spectacular in his "suit of light" or traje de luces as they call it in Spain. I was curious to see the dance of death unfold in front of me, to test my humanity in the midst of blood and gold, and to see in which state my soul will come out of the arena, whether it will be shaken and stirred, furious and angry, or a little bit aware of the life embedded in every death. Being an avid fan of Hemingway, and a proponent of his famous sentence "About morals, I know only that what is moral is what you feel good after and what is immoral is what you feel bad after,” I went there willingly to test myself. I had heard atrocities about bullfighting yet I had this immense desire to be part of what I partially had an inclination to call a bloody piece of cultural experience. As I sat there, in front of the empty arena, I felt a grandiose feeling of belonging to something bigger than anything I experienced during my stay in Spain. Few minutes and I'll be witnessing a painting being carefully drawn in front of me, few minutes and I will be part of an art form deeply entrenched in the Spanish cultural heritage: the art of defying death. But to sit there, and to watch the bull enter the arena… To watch one bull surrounded by a matador and his six assistants. To watch the matador confronting the bull with the capote, performing a series of passes, just before the picador on a horse stabs the bull's neck, weakening the neck muscles and leading to the animal's first loss of blood... Starting a game with only one side having decided fully to engage in while making sure all the odds will be in the favor of him being a predetermined winner. It was this moment precisely that made me feel part of something immoral. The unfair rules of the game. The indifferent bull being begged to react, being pushed to the edge of fury. The bull, tired and peaceful. The bull, being teased relentlessly. The bull being pushed to a game he isn't interested in. And the matador getting credits for an unfair game he set. As I left the arena, people looked at me with mocking eyes. Yes, I went to watch a bull fight and yes the play of colors is marvelous. The matador’s costume is breathtaking and to be sitting in an arena fills your lungs with the sands of time. But to see the amount of claps the spill of blood is getting was beyond what I can endure. To hear the amount of claps injustice brings is astonishing. You understand a lot about human nature, about the wars taking place every day, about poverty and starvation. You understand a lot about racial discrimination and abuse (verbal and physical), sex trafficking, and everything that stirs the wounds of this world wide open. You understand a lot about humans’ thirst for injustice and violence as a way to empower hidden insecurities. Replace the bull and replace the matador. And the arena will still be there. And you'll hear the claps. You've been hearing them ever since you opened your eyes.
Malak El Halabi
Stop! Stop!” Sophie shrieked with laughter as she ran down the stone steps that led to the garden behind Bridgerton House. After three children and seven years of marriage, Benedict could still make her smile, still make her laugh . . . and he still chased her around the house any chance he could get. “Where are the children?” she gasped, once he’d caught her at the base of the steps. “Francesca is watching them.” “And your mother?” He grinned. “I daresay Francesca is watching her, too.” “Anyone could stumble upon us out here,” she said, looking this way and that. His smile turned wicked. “Maybe,” he said, catching hold of her green-velvet skirt and reeling her in, “we should adjourn to the private terrace.” The words were oh-so-familiar, and it was only a second before she was transported back nine years to the masquerade ball. “The private terrace, you say?” she asked, amusement dancing in her eyes. “And how, pray tell, would you know of a private terrace?” His lips brushed against hers. “I have my ways,” he murmured. “And I,” she returned, smiling slyly, “have my secrets.” He drew back. “Oh? And will you share?” “We five,” she said with a nod, “are about to be six.” He looked at her face, then looked at her belly. “Are you sure?” “As sure as I was last time.” He took her hand and raised it to lips. “This one will be a girl.” “That’s what you said last time.” “I know, but—” “And the time before.” “All the more reason for the odds to favor me this time.” She shook her head. “I’m glad you’re not a gambler.” He smiled at that. “Let’s not tell anyone yet.” “I think a few people already suspect,” Sophie admitted. “I want to see how long it takes that Whistledown woman to figure it out,” Benedict said. “Are you serious?” “The blasted woman knew about Charles, and she knew about Alexander, and she knew about William.” Sophie smiled as she let him pull her into the shadows. “Do you realize that I have been mentioned in Whistledown two hundred and thirty-two times?” That stopped him cold. “You’ve been counting?” “Two hundred and thirty-three if you include the time after the masquerade.” “I can’t believe you’ve been counting.” She gave him a nonchalant shrug. “It’s exciting to be mentioned.” Benedict thought it was a bloody nuisance to be mentioned, but he wasn’t about to spoil her delight, so instead he just said, “At least she always writes nice things about you. If she didn’t, I might have to hunt her down and run her out of the country.” Sophie couldn’t help but smile. “Oh, please. I hardly think you could discover her identity when no one else in the ton has managed it.” He raised one arrogant brow. “That doesn’t sound like wifely devotion and confidence to me.” She pretended to examine her glove. “You needn’t expend the energy. She’s obviously very good at what she does.” “Well, she won’t know about Violet,” Benedict vowed. “At least not until it’s obvious to the world.” “Violet?” Sophie asked softly. “It’s time my mother had a grandchild named after her, don’t you think?” Sophie leaned against him, letting her cheek rest against the crisp linen of his shirt. “I think Violet is a lovely name,” she murmured, nestling deeper into the shelter of his arms. “I just hope it’s a girl. Because if it’s a boy, he’s never going to forgive us . . .
Julia Quinn (An Offer From a Gentleman (Bridgertons, #3))
You have to realize that you are not average. You never have been. You are one of one. You have always had what it took to defy the odds. If you don’t believe that, might you be reminded that your very existence is perhaps the least likely thing to ever happen? The odds of you being born, some scientists have estimated, are in the realm of one in four hundred trillion—but in truth this understates it. Consider everything that had to happen for your parents to meet, for you to survive, for you to find yourself here at this moment, thinking about what you may embark on. You are more than a miracle, you are a miracle on the spectrum of unlikely miracles. Yet here you are.
Ryan Holiday (Courage Is Calling: Fortune Favors the Brave (The Stoic Virtues Series))
The gnarled pine, I would have said, touch it. This is China. Horticulturalists around the world have come to study it. Yet no one has ever been able to explain why it grows like a corkscrew, just as no one can adequately explain China. But like that tree, there it is, old, resilient, and oddly magnificent. Within that tree are the elements in nature that have inspired Chinese artists for centuries: gesture over geometry, subtlety over symmetry, constant flow over static form. And the temples, walk and touch them. This is China. Don't merely stare at these murals and statues. Fly up to the crossbeams, get down on your hands and knees, and press your head to the floor tiles. Hide behind that pillar and come eye to eye with its flecks of paint. Imagine that you are the interior decorator who is a thousand years in age. Start with a bit of Tibetan Buddhism, plus a dash each of animism and Taoism. A hodgepodge, you say? No, what is in those temples is an amalgam that is pure Chinese, a lovely shabby elegance, a glorious new motley that makes China infinitely intriguing. Nothing is ever completely thrown away and replaced. If one period of influence falls out of favor, it is patched over. The old views still exist, one chipped layer beneath, ready to pop through with the slightest abrasion. That is the Chinese aesthetic and also its spirit. Those are the traces that have affected all who have traveled along China's roads.
Amy Tan (Saving Fish from Drowning)
The odds are ever in Katniss's favor: she is the primary character with whom audiences identify. This is not inherently problematic, as part of the work of literature is to provide mirrors, windows, and doors into other people's experiences. The problem occurs when contemporary literature and media for young people include characters of color who are supposed to provide someone for every reader or viewer to identify with--and yet at the same time construct protagonists who are the only characters worth rooting for. Although the initial authorial intent may have been noble, stories constructed in such a fashion have the pernicious effect of normalizing our existing social hierarchies--including hierarchies of race.
Ebony Elizabeth Thomas (The Dark Fantastic: Race and the Imagination from Harry Potter to the Hunger Games (Postmillennial Pop, 13))
He twirled her around a few more times before he said offhandedly, "Aren't you tired of fighting yet? I'm beginning to find it quite tedious m'self. I've even given you the benefit of the doubt-" "Don't do me any favor." He cocked his head to the side because she'd turned away to mumble that. "Are you challenging me to make you sweet and lovable again? I believe you are!" Her eyes flew back to his, but she could't do anything more than sputter over the absurdity. His pale eyes were twinkling, holding back laughter no doubt. What the devil as he doing! Je couldn't be serious.Yet he rubbed his cheek against hers right there on the dance floor! "What-" She should never have turned in toward that unexpected caress. Was she destined to bump lips with him by accident? She drew back instantly while she had the presence of mine to do so. But he didn't.In fact, he moved closer, his mouth actually persuing hers until there was nothing accidental about it! She stumbled as her sensed whirled. That just encouraged him to hold her closer and kiss her more deeply. She was fast approaching the point of not caring! Desperately, she tore her mouth away to gasp out, "You're going to cause a scandal!" "I do believe it would be worth it," he said softly by her ear. "But it's only a minor infraction and quite overlooked, since everyone here knows we're married." "No,they don't.I didn't have it announced." He stopped abruptly. Several other couples even bumped into them. "Why not?" She looked away from his frown, which make her feel distinctly uneasy. How to explain her earlier hesitancy without him seeing it for what it was, a full-blown panic? But he didn't wait for her answer. Suddenly he was leading her off the dance floor. He began a social circuit around the room, missing no one who wasn't currently dancing. From group to group he stopped to introduce Rebecca as his wife,the Marchioness of Rochwood. He did it curtly,as if here completing a task assigned to him, which gave her the odd feeling he was punishing her.She was mortified. Most of those people thought he was joking! They knew him.They knew his reputation. And he wasn't behaving the least bit normally.
Johanna Lindsey (A Rogue of My Own (Reid Family, #3))
Well, I'd like to know how it's possible to make your living gambling, because at the table, the odds are .493." "You're right," he said, "and I'll explain to you. I don't bet on the table, or things like that. I only bet when the odds are in my favor." "Huh? When are the odds ever in your favor?" I asked incredulously. "It's really quite easy," he said. "I'm standing around a table, when some guy says, 'It's comin' out nine! It's gotta be a nine!' The guy's excited; he things it's going to be a nine, and he wants to bet. Now I know the odds for all the numbers inside out, so I say to him, 'I'll bet you four to three it's not a nine', and I win in the long run. I don't bet on the table; instead, I bet with people around the table who have prejudices--superstitious ideas about lucky numbers.
Richard P. Feynman
Katherine Anne [Porter] treated them like favored nephews; she even cooked meals for them. Unfortunately, however, beneath Christopher’s deference and flattery, there was a steadily growing aggression. By her implicit claim to be the equal of Katherine Mansfield and even Virginia Woolf, Katherine Anne had stirred up Christopher’s basic literary snobbery. How dare she, he began to mutter to himself, this vain old frump, this dressed-up cook in her arty finery, how dare she presume like this! And he imagined a grotesque scene in which he had to introduce her and somehow explain her to Virginia, Morgan [Forster] and the others . . . [t]hus Katherine Anne became the first of an oddly assorted collection of people who, for various reasons, made up their minds that they would never see Christopher again. The others: Charlie Chaplin, Benjamin Britten, Cole Porter, Lincoln Kirstein.
Christopher Isherwood (Lost Years: A Memoir 1945 - 1951)
Sound waves, regardless of their frequency or intensity, can only be detected by the Mole Fly’s acute sense of smell—it is a little known fact that the Mole Fly’s auditory receptors do not, in fact, have a corresponding center in the brain designated for the purposes of processing sensory stimuli and so, these stimuli, instead of being siphoned out as noise, bypass the filters to be translated, oddly enough, by the part of the brain that processes smell. Consequently, the Mole Fly’s brain, in its inevitable confusion, understands sound as an aroma, rendering the boundary line between the auditory and olfactory sense indistinguishable. Sounds, thus, come in a variety of scents with an intensity proportional to its frequency. Sounds of shorter wavelength, for example, are particularly pungent. What results is a species of creature that cannot conceptualize the possibility that sound and smell are separate entities, despite its ability to discriminate between the exactitudes of pitch, timbre, tone, scent, and flavor to an alarming degree of precision. Yet, despite this ability to hyper-analyze, they lack the cognitive skill to laterally link successions of either sound or smell into a meaningful context, resulting in the equivalent of a data overflow. And this may be the most defining element of the Mole Fly’s behavior: a blatant disregard for the context of perception, in favor of analyzing those remote and diminutive properties that distinguish one element from another. While sensory continuity seems logical to their visual perception, as things are subject to change from moment-to-moment, such is not the case with their olfactory sense, as delays in sensing new smells are granted a degree of normality by the brain. Thus, the Mole Fly’s olfactory-auditory complex seems to be deprived of the sensory continuity otherwise afforded in the auditory senses of other species. And so, instead of sensing aromas and sounds continuously over a period of time—for example, instead of sensing them 24-30 times per second, as would be the case with their visual perception—they tend to process changes in sound and smell much more slowly, thereby preventing them from effectively plotting the variations thereof into an array or any kind of meaningful framework that would allow the information provided by their olfactory and auditory stimuli to be lasting in their usefulness. The Mole flies, themselves, being the structurally-obsessed and compulsive creatures that they are, in all their habitual collecting, organizing, and re-organizing of found objects into mammoth installations of optimal functional value, are remarkably easy to control, especially as they are given to a rather false and arbitrary sense of hierarchy, ascribing positions—that are otherwise trivial, yet necessarily mundane if only to obscure their true purpose—with an unfathomable amount of honor, to the logical extreme that the few chosen to serve in their most esteemed ranks are imbued with a kind of obligatory arrogance that begins in the pupal stages and extends indefinitely, as they are further nurtured well into adulthood by a society that infuses its heroes of middle management with an immeasurable sense of importance—a kind of celebrity status recognized by the masses as a living embodiment of their ideals. And yet, despite this culture of celebrity worship and vicarious living, all whims and impulses fall subservient, dropping humbly to the knees—yes, Mole Flies do, in fact, have knees!—before the grace of the merciful Queen, who is, in actuality, just a puppet dictator installed by the Melic papacy, using an old recycled Damsel fly-fishing lure. The dummy is crude, but convincing, as the Mole flies treat it as they would their true-born queen.
Ashim Shanker (Don't Forget to Breathe (Migrations, Volume I))
Many potential readers will skip the shopping cart or cash-out clerk because they have seen so many disasters reported in the news that they’ve acquired a panic mentality when they think of them. “Disasters scare me to death!” they cry. “I don’t want to read about them!” But really, how can a picture hurt you? Better that each serve as a Hallmark card that greets your fitful fevers with reason and uncurtains your valor. Then, so gospeled, you may see that defeating a disaster is as innocently easy as deciding to go out to dinner. Remove the dread that bars your doors of perception, and you will enjoy a banquet of treats that will make the difference between suffering and safety. You will enter a brave new world that will erase your panic, and release you from the grip of terror, and relieve you of the deadening effects of indifference —and you will find that switch of initiative that will energize your intelligence, empower your imagination, and rouse your sense of vigilance in ways that will tilt the odds of danger from being forever against you to being always in your favor. Indeed, just thinking about a disaster is one of the best things you can do —because it allows you to imagine how you would respond in a way that is free of pain and destruction. Another reason why disasters seem so scary is that many victims tend to see them as a whole rather than divide them into much smaller and more manageable problems. A disaster can seem overwhelming when confronted with everything at once —but if you dice it into its tiny parts and knock them off one at a time, the whole thing can seem as easy as eating a lavish dinner one bite at a time. In a disaster you must also plan for disruption as well as destruction. Death and damage may make the news, but in almost every disaster far more lives are disrupted than destroyed. Wit­ness the tornado that struck Joplin, Missouri, in May 2011 and killed 158 people. The path of death and destruction was less than a mile wide and only 22 miles long —but within thirty miles 160,000 citizens whose property didn’t suffer a dime of damage were profoundly disrupted by the carnage, loss of power and water, suspension of civic services, and inability to buy food, gas, and other necessities. You may rightfully believe your chances of dying in a disaster in your lifetime may be nearly nil, but the chances of your life being disrupted by a disaster in the next decade is nearly a sure thing. Not only should you prepare for disasters, you should learn to premeditate them. Prepare concerns the body; premeditate concerns the mind. Everywhere you go, think what could happen and how you might/could/would/should respond. Use your imagination. Fill your brain with these visualizations —run mind-movies in your head —develop a repertoire —until when you walk into a building/room/situation you’ll automatically know what to do. If a disaster does ambush you —sure you’re apt to panic, but in seconds your memory will load the proper video into your mobile disk drive and you’ll feel like you’re watching a scary movie for the second time and you’ll know what to expect and how to react. That’s why this book is important: its manner of vivifying disasters kickstarts and streamlines your acquiring these premeditations, which lays the foundation for satisfying your needs when a disaster catches you by surprise.
Robert Brown Butler (Architecture Laid Bare!: In Shades of Green)
I think it’s helpful to take an organized approach to what I call the “twin risks.” What I’m talking about here is the fact that investors have to deal daily with two possible sources of error. The first is obvious: the risk of losing money. The second is a bit more subtle: the risk of missing opportunity. Investors can eliminate either one, but doing so will expose them entirely to the other. So most people balance the two. What should an investor’s normal stance be regarding the two risks: evenly balanced, or favoring one or the other? The answer depends mostly on one’s goals, circumstances, personality and ability to withstand risk (and on the same things with regard to one’s clients, if any). And separate and apart from his normal posture, should the investor alter the balance from time to time? And if so, how? I think investors should try to appropriately adjust their stance if they (a) feel they have the requisite insight and (b) are willing to expend effort and bear the risk of being wrong. They should do this based on where the market is in its cycle. In short, when the market is high in its cycle, they should emphasize limiting the potential for losing money, and when the market is low in its cycle, they should emphasize reducing the risk of missing opportunity.
Howard Marks (Mastering The Market Cycle: Getting the Odds on Your Side)
A few years ago my friend Jon Brooks supplied this great illustration of skewed interpretation at work. Here’s how investors react to events when they’re feeling good about life (which usually means the market has been rising): Strong data: economy strengthening—stocks rally Weak data: Fed likely to ease—stocks rally Data as expected: low volatility—stocks rally Banks make $4 billion: business conditions favorable—stocks rally Banks lose $4 billion: bad news out of the way—stocks rally Oil spikes: growing global economy contributing to demand—stocks rally Oil drops: more purchasing power for the consumer—stocks rally Dollar plunges: great for exporters—stocks rally Dollar strengthens: great for companies that buy from abroad—stocks rally Inflation spikes: will cause assets to appreciate—stocks rally Inflation drops: improves quality of earnings—stocks rally Of course, the same behavior also applies in the opposite direction. When psychology is negative and markets have been falling for a while, everything is capable of being interpreted negatively. Strong economic data is seen as likely to make the Fed withdraw stimulus by raising interest rates, and weak data is taken to mean companies will have trouble meeting earnings forecasts. In other words, it’s not the data or events; it’s the interpretation. And that fluctuates with swings in psychology.
Howard Marks (Mastering The Market Cycle: Getting the Odds on Your Side)
maybe he hasn’t been judging Carl for other reasons. Maybe Owen doesn’t judge him because Carl returns the favor, by not judging a secret Owen felt safe confiding in Carl. Even if that theory is wrong, I still need to talk to him. Because Carl’s also the only lawyer I know in town. I knock on the front door, but no one answers. Not Carl, not Patty. It’s odd because Carl works from home. He likes to be around for his kids—his two young kids—who usually nap at this time. Carl and Patty are sticklers for their children’s schedule. Patty lectured me about it during our first night out together. Patty had just celebrated her twenty-eighth birthday, which made the lecture all the more enjoyable. If I was still able to have children—that was how she said it—I was going to have to be careful not to let them rule the roost. I’d have to show them who was in charge. That meant a schedule. That meant, in her case, a 12:30 P.M. nap every day. It’s 12:45. If Carl isn’t home, why isn’t Patty? Except that through the living room blinds, I see that Carl is home. I see him standing there, hiding behind those blinds, waiting for me to go. I knock on the door again, pressing hard on the doorbell. I’m going to ring the doorbell for the rest of the afternoon until he lets me in. Kids’ naps be damned. Carl swings the door open. He is holding a beer; his hair is neatly combed. Those are the first indicators that something strange is going on. His hair is usually uncombed,
Laura Dave (The Last Thing He Told Me)