note how I typed shrewd late round decisions without quotes and "taking a chance" with quotes... just the context of the use of language should answer your question
I picked Peterson in my money league.... as my flex guy (remember I am in 4 leagues this year)
then again getting Braylon Edwards in round 12 last year worked out well too
you name me the team that wins in fantasy football that doesn't have some late round/waiver wire genius in it, or have you not actually won a league anywhere to be able to compare it too???
Typically, late round/waiver wire pick-ups have nothing to do with genius, but more so opportunity and timing.
Anyone can pick-up a Michael Turner when LT goes down in years past, it doesn't take genius.
If Charlie Fry isn't suddenly traded after game one last year Edwards would have same value as Donnie Avery does now. Everyone gets lucky sometime.