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Changing your strategy because you keep failing over and over until you finally succeed is 90% non-luck. What is the difference between changing your business
by randomdata 14y ago
Changing your strategy because you keep failing over and over until you finally succeed is 90% non-luck.
What is the difference between changing your business strategy and changing your gambling strategy? If you tried lottery tickets and the horse track, then finally hit the jackpot at the slot machines, would you say that 90% of the win was due to your active involvement in choosing the game?
- paulhauggis 14y agoI suppose using this logic, getting a PHD is luck too. So is running a marathon or any other thing you accomplish in life.
- mistercow 14y agoThat's not even a response to what randomdata said. S/he observed, correctly, that switching strategies until you succeed does not imply that you were not lucky. On the other hand, we can demonstrate extremely strong correlations between very specific applications of effort/skill and success at getting PHDs and marathons.