While formal schooling is an important advantage, it is not a guarantee of success nor is its absence a fatal handicap.

Summary

This quote suggests that while having a formal education can be an advantageous factor in achieving success, it does not guarantee it. It implies that success is not solely dependent on academic qualifications but also on various other factors such as skills, experience, determination, and personal qualities. Similarly, lacking a formal education does not mean that one is bound to fail in life; it highlights the possibility of achieving success through alternative routes, emphasizing the importance of individual capabilities and opportunities beyond traditional education.

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