Serendipity language was by Horace Walpole in 1754. In a letter he wrote to his friend Horace Mann, Walpole explained an unexpected discovery he had made about a (lost) painting of Bianca Cappello by Giorgio Vasari by reference to a Persian fairy tale, "The Three Princes of Serendip". The princes, he told his correspondent, were "always making discoveries, by accidents and sagacity, of things which they were not in quest of". The name comes from "Serendip", an old name for Sri Lanka (Ceylon), hence "Sarandib" by Arab traders. It is derived from the Sanskrit "Siṃhaladvīpaḥ" (Siṃhalaḥ, Sri Lanka + dvīpaḥ, island).
Horace Walpole and oftener think, that this world is a comedy to those that think, a tragedy to those that feel – a solution of why Democritus laughed and Heraclitus wept." In "Historic Doubts on the Life and Reign of King Richard III" (1768), Walpole defended Richard III against the common belief that he murdered the Princes in the Tower. In this he has been followed by other writers, such as Josephine Tey and Valerie Anand. This work, according to Emile Legouis, shows that Walpole was "capable of critical initiative". However, Walpole later changed his views following The Terror and declared that