The principle of favorability that the old man speaks of in the passages is this: It is also known as beginner's luck.
The principle of favorability also known as beginner's luck refers to the fact that each person starts with a stroke of luck. It is seen as being lucky when someone starts off something.
When the old man spoke about the Principle of favorability, he was referring to the start-up luck of an individual. It is also known as beginner's luck.
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