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Yes, fortune is fickle.
Reggie smiled broadly and murmured to himself, "As Cicero once said, 'When fortune is fickle, a faithful friend is found.' "
Finally, in the eleventh canto, Indra arrives as a sage, praises Arjuna's asceticism, but criticises him for seeking victory and wealth instead of liberation - the goddess of Fortune is fickle and indscriminate.