---
title: "Meaning & Key Takeaway of: If a man is both wise and lucky, he will…"
description: "\"If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of ten thousand brothers or cousins of the original...."
image: "https://sms4smile.com/quotes/i/07c/jesse-lauriston-livermore-8857_brother_if-a-man-is-both-wise-and-lucky-he-will_992301.png"
---

#  If a man is both wise and lucky, he will not make the same…

![“If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of ten thousand brothers or cousins of the original.” quote by Jesse Lauriston Livermore](https://sms4smile.com/quotes/i/07c/jesse-lauriston-livermore-8857_brother_if-a-man-is-both-wise-and-lucky-he-will_992301.png)   [Download](https://sms4smile.com/quotes/i/07c/jesse-lauriston-livermore-8857_brother_if-a-man-is-both-wise-and-lucky-he-will_992301.png) [Open image](https://sms4smile.com/quotes/i/07c/jesse-lauriston-livermore-8857_brother_if-a-man-is-both-wise-and-lucky-he-will_992301.png)

> “If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of ten thousand brothers or cousins of the original.”

[Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Wise and lucky people avoid repeating the same error, yet they may still repeat similar mistakes across related situations.

**In simple terms:** Avoid repeating exact mistakes, but similar errors can recur.

Key Takeaway

Learn from patterns, not just single failures.

Themes

wisdom luck mistakes

Mood

reflective cautious

Type

philosophical practical

When to use this quote

- investment decisions
- career choices
- personal relationships

Key Concepts

risk management behavioral finance learning from errors

Questions to Reflect On

- What patterns do you see in your repeated mistakes?
- Can you separate luck from skill?

A Different Perspective

Luck is unpredictable; wisdom may not prevent all errors.

★ ★ ★ ★ ★   No ratings yet

[Brother](https://sms4smile.com/quotes/about/brother/) [Brothers Cousins](https://sms4smile.com/quotes/about/brothers-cousins-319810/) [Cousin](https://sms4smile.com/quotes/about/cousin/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Lucky](https://sms4smile.com/quotes/about/lucky/) [Man Wise](https://sms4smile.com/quotes/about/man-wise/) [Men](https://sms4smile.com/quotes/about/men/) [Mistake](https://sms4smile.com/quotes/about/mistake/) [Originals](https://sms4smile.com/quotes/about/originals/) [Same mistakes](https://sms4smile.com/quotes/about/same-mistakes/) [Ten](https://sms4smile.com/quotes/about/ten/) [Thousand](https://sms4smile.com/quotes/about/thousand/) [Thousand Brothers](https://sms4smile.com/quotes/about/thousand-brothers-946915/) [Wise](https://sms4smile.com/quotes/about/wise/) [Wise Lucky](https://sms4smile.com/quotes/about/wise-lucky-571487/)

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