The Hobbit

The biggest example of Bilbo's luck was when he found the "ring."

In Chapter 18, Bilbo comes "full circle" in terms of character development. Undeniably heroic, Bilbo plays student-disciple to Gandalf even as he dominated much of the novel as a savvy thieving Ulysses type of hero. What makes him a complex and round character (and the only character of this kind in this novel), is that he never becomes a leader and at the end of the journey, his "Tookish part was getting very tired, and the Baggins was daily getting stronger," i.e. he wants to be a domestic hobbit again. The chapter ends with his statement: "I wish now only to be in my own arm-chair!"