However, while you can fail multiple times, you only have to strike "super success" once. (As Nassim Taleb is also trending on HN right now) It's an antifragil

However, while you can fail multiple times, you only have to strike "super success" once. (As Nassim Taleb is also trending on HN right now) It's an antifragile situation: Facing extreme events, the upside is large whereas the downside is limited. So, yes - (bad) luck as a function of hard work is highly volatile. But as it is antifragile, volatility is a good thing.