"Luck is always the last refuge of laziness and incompetence"
About this Quote
The intent is managerial and disciplinary. Penney is drawing a hard line between outcomes you can influence and excuses you can’t audit. Calling bad results “bad luck” becomes a way to avoid the uncomfortable accounting: Did we prepare? Did we learn the market? Did we treat people well enough to earn loyalty? Did we work? The subtext is Protestant-capitalist severity, the idea that competence looks like boring habits repeated until they become infrastructure.
Context matters: Penney’s America was increasingly industrial, competitive, and obsessed with self-making. In that world, “luck” threatens the core myth that effort equals reward. So he flips the script: blaming luck isn’t humility, it’s evasion. The line also functions as a cultural weapon in the workplace. It pressures employees to translate misfortune into process improvements, not narratives. That’s bracing, even motivating. It can also be cruel: the same logic can erase structural disadvantage, recessions, illness, and the very real volatility of markets.
That tension is why the quote still lands. It’s both a goad toward responsibility and a warning about the stories we tell to stay comfortable.
Quote Details
| Topic | Work Ethic |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Penney, James Cash. (2026, January 17). Luck is always the last refuge of laziness and incompetence. FixQuotes. https://fixquotes.com/quotes/luck-is-always-the-last-refuge-of-laziness-and-60363/
Chicago Style
Penney, James Cash. "Luck is always the last refuge of laziness and incompetence." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/luck-is-always-the-last-refuge-of-laziness-and-60363/.
MLA Style (9th ed.)
"Luck is always the last refuge of laziness and incompetence." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/luck-is-always-the-last-refuge-of-laziness-and-60363/. Accessed 12 Feb. 2026.









