False. Confronting bad luck with well-prepared diligent effort can be pretty bad, but you can't know if the luck is good/bad without effort. It's like handcuff

False. Confronting bad luck with well-prepared diligent effort can be pretty bad, but you can't know if the luck is good/bad without effort. It's like handcuffing yourself to "Schrödinger's albatros". No, luck does not favour the prepared, but survivorship bias makes it seem so.