You imagine that there's no use struggling against fate, that she will always have her way, no matter what we do. But don't you see? It's our very efforts to cheat fate, or to change it, that make things come to pass in the way they were meant to.
In most cases the favorable price performance will be accompanied by a well-defined improvement in the average earnings, in the dividend, and in the balance-sheet position. Thus in the long run the market test and the ordinary business test of a successful equity commitment tend to be largely identical.