Page 1

!"#$%&'(#)%&#*

!""#$%%&'()*+!,(-*+(.%"!/0",12)!"#1"!%3445%46%"!/789"2'2":7(8728%

;!/<89"2'2":<(8<=28><?<;!/<@",12)!"<A1"! B<!1C<1<C,/1.<'10"<-2)!"<"!1"<B<D202"/C<.:<C19)!"/,E<F!(<20<-(F<3G*<B-<"!/<C,/1.<0!/<F10<2)-(,2-)<./E<"1H2-) +1''0<(-<!/,<+/''<1-C<"/I"2-)<C9,2-)<"!/<'10"<#,/+2(90<.(./-"0<F/<!1C<&/8(,/<0!/<'/8"<8(,<0(./<#'1+/<F!2+! F10<-/&9'(90<2-<"!/<F1:<"!2-)0<1,/<-/&9'(90<2-<C,/1.0*<B<H-(F<"!1"<2-<"!/<C,/1.<0!/<!1C<0/D/,1'<&1)0 #1+H/C<1-C<1<+1&<F10<(-<2"0<F1:E<1-C<B<F(H/<9#<8//'2-)<01C* B-<"!/<C,/1.<B<012C<"(<!/,E<=J(9<H-(FE<:(9K,/<3G<1-C<2"<0//.0<'2H/<"!/<"2./<&/"F//-<F!/-<:(9<F/,/<1<&1&: 1-C<-(F<!10<1''<C201##/1,/C*><B<)9/00<"!1"K0<1<C288/,/-"<D/,02(-<(8<"!/<#'1"2"9C/E<=B"<0//.0<'2H/<L90"<:/0"/,C1: :(9<F/,/<1<&1&:*><;!/<",9"!<20<2"<C2C-K"<8//'<'2H/<2"<F10<=L90"<:/0"/,C1:><9-"2'<0!/<F10<2-<!/,<340* B-<81+"E<1'"!(9)!<0!/<0"1,"/C<'2D2-)<(-<!/,<(F-<F!/-<0!/<F10<M5E<B<C2C-K"<!1D/</.#":<-/0"<0:-C,(./<9-"2'<0!/ ),1C91"/C<8,(.<+(''/)/<1-C<B<0"(##/C<#1:2-)<!/,<,/-"*<B<)9/00<"!/<.(-"!':<+!/+H0<F/,/<1<+(''/)/71)/ D/,02(-<(8<#1+H2-)<1<0/+(-C7),1C/,K0<'9-+!&(I*<N!/-<0!/<F10<1<+!2'C<B<90/C<"(<'/1D/<-("/0<2-<!/,<'9-+!&(I O<=P1D/<1<-2+/<C1:Q<R((C<'9+H<(-<:(9,<"/0"Q<B<'(D/<:(9Q><O<L90"<10<MG<:/1,0<'1"/,<B<0/-"<)((8:<-("/0<F2"!<"!/ +!/+H0E<1-C<0/1'/C<"!/</-D/'(#/0<F2"!<89--:<0"2+H/,0<(8<&/1,0<(,<0.2'/:<81+/0* B8<:(9KD/<&//-<,/1C2-)<"!20<&'()<8(,<1<F!2'/<:(9KD/<#,(&1&':<,/1C<#,/D2(90<#(0"0<1&(9"<.:<0",9))'/<F2"! ,/),/""2-)<C/+202(-0<BKD/<.1C/E</0#/+21'':<2-<"!/<'10"<8/F<:/1,0E<1-C<1&(9"<.:<,/),/"0<(D/,<"!2-)0<B<.2)!"<!1D/ C(-/<&/""/,<10<1<.("!/,*<P(F/D/,E<,/),/"E<BKD/<'/1,-/CE<20<1<D/,:<9-7B0'1.2+</.("2(-*<S<!1C2"!<(8<"!/<#,(#!/" T9!1..1C<UAVWPX<01:0$ !"#$%&'(")*+,*-*%",#")*$$*%".'/",#"0&%*"+&-.)+*"$&"!++.1"$1.'"."2*.3")*+,*-*%4".'/"$1*%*",#"(&&/",'"*-*%5&'*4 6)7$8"91*%,#1"$1.$"21,91"(,-*#"5&7")*'*:,$"6,'"$1*";*%*.:$*%8".'/"#**3"1*+<":%&0"!++.1".'/"/&"'&$"+&#*"1*.%$4 .'/",:".'5$1,'("6,'"$1*":&%0"&:"$%&7)+*8"9&0*#"$&"5&74"/&'=$"#.5>"?:"?"1./"'&$"/&'*"$1.$4",$"2&7+/"'&$"1.-* 1.<<*'*/"#&".'/"#&4")7$"#.5>"!++.1"/,/"$1.$"21.$";*"1./"&%/.,'*/"$&"/&".'/"5&7%"@,:A"&<*'#"$1*"6(.$*8":&% B.$.'C @(<F!/-<B<"!2-H<"!1"<BY<B<!1C-K"<.(D/C<0(<81,Z(,<BY<B<!1C-K"<[92"<.:<L(&E<(,<BY<B<!1C-K"<.1C/<"!20<C/+202(-<(, "!1"<C/+202(-ZB<!1D/<"(<,/.2-C<.:0/'8<"!(0/<1,/<[9/0"2(-0<B<0!(9'C-K"<10H*<B-0"/1CE<B<0!(9'C<,/+1''<"!1"<.(,/ "!1-<"F(<C/+1C/0<1)(E<F!/-<.:<C19)!"/,<F10<1-<2-81-"E<B<C/+2C/C<B<F1-"/C<"(<&/<T90'2.E<1-C<1'"!(9)!<8(,<1 '(-)<"2./<18"/,<"!1"<B<C2C-K"<#,1+"2+/<B0'1.E<2-<344M<B<C/+2C/C<B<F1-"/C<"(<1)12-* ;!1"E<B<&/'2/D/E<20<"!/<C/+202(-<"!1"<!10<C,2D/-<./<"(<F!/,/<B<1.<-(FE<1-C</D/-<28<B<C,/1.<O<'2"/,1'':<(, 82)9,1"2D/':<O<(8<"!2-)0<&/2-)<C288/,/-"E<R(C<!10<'/C<./<"(<"!20<#'1+/<2-<.:<'28/<1-C<"!/<&/0"<B<+1-<C(<20<10<"!/ A,(#!/"<012C$<,/./.&/,<F!1"<F2''<&/-/82"<./<&/:(-C<"!/<!/,/<1-C<-(FE<1-C<-("<'(0/<!/1,"E</D/-<F!/-<B<F1-" "(<H2+H<.:0/'8<8(,<"!2-)0<BKD/<C(-/<2-<"!/<#10"<1-C<#,/0/-"*

The futility of "if"  

Examination of the value in regret, from my Houston Chronicle blog, The Straight Path.