The Precision of Luck, by Joel Rea, 2015. Oil on canvas, 36 1/4 x 48 inches. © Joel Rea, courtesy the artist and Jonathan LeVine Gallery, New York City.

Luck

Volume IX, Number 3 | summer 2016

Miscellany

“The contempt of risk and the presumptuous hope of success are in no period of life more active than at the age at which young people choose their professions,” wrote Adam Smith in 1776. “How little the fear of misfortune is then capable of balancing the hope of good luck.”

There are two times in a man’s life when he should not speculate: when he can’t afford it, and when he can.

—Mark Twain, 1897