How can I critically analyze Francis Bacon's essay "Of Delays"?

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Bacon's essay "Of Delays" might well be called "Of Proper Timing" because its subject is the importance of weighing carefully when to move ahead with a plan and when to wait. The essay opens with the word "fortune" and compares fortune to a market where, if you wait, prices might fall, or as we would say today, products might go on sale. But the word fortune held a significance to Bacon's audience that we might not understand today, especially when coupled with the idea of prices rising and falling. People would have understood that Bacon was talking about the wheel of fortune, a widely used image at that time. Luck or fortune was seen as cyclical--it went round...

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