Sober pinch-pennies derive great pleasure from bettingthey are indeed the most daring fellows alive, for they hazard their careful stake on the expected and the expected rarely occurs. Your extravagant defrauds himself of excitement. He favors unlikelihoods, only to see them crop up at every turn. This paradox of the wise man and his penny is sustained by the fact that it frequently proves untrue. For instance, conservative students of tennis fully expected William T. Tilden to win the National Tennis Championship which was decided last week at Forest Hills. Perceiving a...
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