Saved by Emilie Kormienko and
What Determines Success: Luck or Hard Work?
Let me summarize. You've got to work on important problems. I deny that it is all luck, but I admit there is a fair element of luck. I subscribe to Pasteur's ``Luck favors the prepared mind.'' I favor heavily what I did. Friday afternoons for years - great thoughts only - means that I committed 10% of my time trying to understand the bigger problem... See more
Richard Hamming • You and Your Research
The way our lives turn out is the result of two things: the influence of skill and the influence of luck. For the purposes of this discussion, any outcome that is the result of our decision-making is in the skill category. If making the same decision again would predictably result in the same outcome, or if changing the decision would predictably r
... See moreAnnie Duke • Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
Instead of think of "Luck" as some nebulous concept, think of it like a unit of measure:
In other words: How many "Units of Luck" are you producing for yourself?
Warren Buffett talks about how lucky his life is:
• Two parents
• Speaks English
• Born in the United States
• Born during a huge boom time in the USA
Each one of these added "Units of Luck" to h... See more
In other words: How many "Units of Luck" are you producing for yourself?
Warren Buffett talks about how lucky his life is:
• Two parents
• Speaks English
• Born in the United States
• Born during a huge boom time in the USA
Each one of these added "Units of Luck" to h... See more
Superhuman
We defined a “luck event” as one that meets three tests: First, you didn’t cause it; second, it has a significant potential consequence, good or bad; and third, it has an element of surprise, some aspect of the event is unpredictable before it happens. Using this definition, the evidence showed a lot of luck in the history of these companies. But—a
... See moreJim Collins • Beyond Entrepreneurship 2.0
How to Be Lucky¶
You make your own luck. There's a great experiment that I can't cite, but it has stuck in my mind since I was a child. They identified people as lucky and unlucky, and asked them to count the number of photographs in a newspaper. The unlucky people took a long time to count the photographs, while the lucky people took a very short ... See more
You make your own luck. There's a great experiment that I can't cite, but it has stuck in my mind since I was a child. They identified people as lucky and unlucky, and asked them to count the number of photographs in a newspaper. The unlucky people took a long time to count the photographs, while the lucky people took a very short ... See more
Jason Liu • Advice to Young People, the Lies I Tell Myself
The best way to increase your odds of success—in a way that might look like luck to others—is to systematically become good, but not amazing, at the types of skills that work well together and are highly useful for just about any job.