4 ms·
After reading a biography on Musk I basically came to the conclusion that his life has been a series of 1 in 1000 bets that have paid off: - Paypal - Tesla -
by alexpotato 6y ago
After reading a biography on Musk I basically came to the conclusion that his life has been a series of 1 in 1000 bets that have paid off:
- Paypal
- Tesla
- SpaceX
etc
Multiple times in the book it describes how he gambled it all on whatever project he was working on and it paid off for him. He is clearly brilliant and exceptional at hiring great people work for him. I think it's also important to realize that survivor bias is also at play here.
- stephencanon 6y ago> I think it's also important to realize that survivor bias is also at play here. Yup. The odds of winning three 1-in-1000 bets is 1:1e9, so we should expect to have a couple Elon Musks in the world out of dumb luck. =)
- liamcardenas 6y agoAssuming everyone took the bets