" .... read this story from Michael Mauboussin, the strategist at Legg Mason and contemplate the unfairness of life.Mmm... lucky chap!
For almost two centuries, Spain has hosted an enomously popular Christmas lottery. Based on payout, it is the biggest lottery in the world and nearly all Spaniards play. In the mid 1970s, a man sought a ticket with the last two digits ending in 48. He found a ticket, bought it, and then won the lottery. When asked why he was so intent on finding that number, he replied "I dreamed of the number seven for seven straight nights. And 7 times 7 is 48."
Wednesday, July 28, 2010
Came across an interesting short article titled "Luck and riches: Life's not fair" (Economist/Buttonwood). Excerpts -