Taking even one hour to think about what legal services you want to provide, to whom, and how each party will benefit will give you a higher
probability of achieving the success you desire.
Not exact matches
Although the machines involved are extraordinarily dangerous, the moral principle governing their use is perfectly ordinary: It is the familiar one that human beings should engage in an activity that poses dangers to others only if, in the totality
of the circumstances, doing so is reasonable» i.e., if the good to be
achieved, taking account
of the
probability of success, is proportionate to the possible ill effects.
A just war is a last resort, undertaken when it is reasonably determined that there are not alternative ways to resolve the conflict, and when there is a reasonable
probability of success in
achieving the aims
of the war.
I think the trick in the investment business is to have a long enough investment horizon that you maximize your
probability of success but not so long that there's extended periods
of poor performance that investors lose hope, and we found that about a two - year investment horizon
achieves that balance
of being able to maximize the
probability of success while hopefully having only short periods
of underperformance.
But the savings rate required to
achieve that
probability of success in the above scenario can change significantly if you alter just one or two key assumptions.
This helps to balance return seeking and risk taking; increasing the
probability of success in
achieving your long - term investment goals.
The laws
of probability tell us that almost anyone can
achieve phenomenal
success over any given measurement period.
Before you think you're adding value with market timing or picking individual securities, remember that the
probability of success is low and the potential payoff is small: even the best active strategies can not hope to
achieve more than an incremental outperformance over the long term.
I am interested to understand the
probability of success of advocated policies; what is the
probability they will be able to be implemented and sustained for the time it will take to
achieve their objective?