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The implication is that if you are 10x richer than someone else, but not 10x smarter or more talented, then you must have just got lucky. I disagree. Luck can

The implication is that if you are 10x richer than someone else, but not 10x smarter or more talented, then you must have just got lucky. I disagree. Luck can certainly play a role in success, but what most people attribute to luck is just recognizing and seizing an opportunity when it knocks. They say that 80% of success is just showing up because large numbers of people fail to do that. You often just have to be a little bit better than the competition to win the prize (and first place often pays a lot better than second place). Compound interest can make a huge difference in your retirement if you just save $1 a day more. Plenty more examples like those.

veec_cas_tant 4y ago
> Luck can certainly play a role in success, but what most people attribute to luck is just recognizing and seizing an opportunity when it knocks. There are lots of opportunities being taken. The lucky ones succeed. That doesn't take away from the skill, guts, perseverance, etc. required. However, lots of very talented people fail time and time again. One could definitely argue that failure is part of the journey to success and understanding that is part of the game. On the other hand, many smart people don't have the resources to fail over and over again, often due to factors outside of their control.