The old man lost his horse (but it all turned out for the best) (Chinese: 塞翁失馬，焉知非福; lit. 'The old man of the frontier lost his horse', 'how could he know if this is not fortuitous?'), also known as Bad luck? Good luck? Who knows? or Bad luck brings good luck, and good luck brings bad luck are some of the many titles[1] given to one of the most famous parables from the Huainanzi (淮南子; 'Master of Huainan'), chapter 18 (人間訓; Rénjiānxùn; 'In the World of Man'[2]) dating to the 2nd century B.C. The story exemplifies the view of Taoism regarding "fortune" ("good luck") and "misfortune" ("bad luck").
The story is well-known throughout the East Asian cultural sphere and is often invoked to express the idea of "silver lining" or "blessing in disguise" in Chinese, Vietnamese, Korean, and Japanese.
In Western literature the parable was modified and is frequently used in philosophical or religious texts or in books dealing with management or psychological strategies.
^This parable does not have a title in the Huainanzi.
^Literally, Teachings Concerning Man or Principles in the World of Humans.
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