The Triumph of the Random By LEONARD MLODINOW (Caltech Professor) FROM The Wall Street Journal

"The mathematics of chance indeed dictate that in this situation the odds of a company having zero, one, two, four or five good years are lower than the odds of having three. Nevertheless it is not likely that a company will have three out of five good years—because there are so many of those misleading outcomes, their combined odds add up to twice the odds of having exactly three."