What Is Luck and What Is Not
The Daily Stoic3 Okt 2019

What Is Luck and What Is Not

The philosopher and writer Nassim Taleb once said that, “Hard work will get you a professorship or a BMW. You need both work and luck for a Booker, a Nobel, or a private jet.” His point was that certain accomplishments are within the reasonable grasp of someone making incremental gains each day. Outsized success and outlier accomplishments require that and extreme luck or timing.

This is worth considering for all of us who grew up being told the world was a meritocracy. Of course, it isn’t. Plenty of brilliant people fail to succeed for all sorts of reasons, and plenty of not-so-brilliant people find themselves successful beyond their wildest dreams. The world is a random, even cruel, place that does not always reward merit or hard work or skill. Sometimes it does, but not always.

Still, perhaps a more usable and practical distinction to make is not between hard work and luck, but between what is up to us and what is not up to us. This is the distinction that the Stoics tried to make and to think about always. Pioneering new research in science—that’s up to us. Being recognized for that work (e.g. winning a Nobel) is not. A committee decides that. The media decides that. Becoming an expert in a field, that’s up to us. We do that by reading, by studying, by going out and experiencing things. Being hired as a professor at Harvard to teach that expertise is not (think of all the people who weren’t hired there over the years because they were female, or Jewish, or Black). Writing a prize-worthy piece of literature—up to us. That’s time in front of the keyboard. That’s up to our genius. Being named as a finalist for the Booker Prize is not.

It’s not that luck, exactly, decides these things, but it is very clearly other people that make the decision. Marcus Aurelius said that the key to life was to tie our sanity—our sense of satisfaction—to our own actions. To tie it to what other people say or do (that was his definition of ambition) was to set ourselves up to be hurt and disappointed. It’s insanity. And it misses the point.

Do the work. Be happy with that. Everything else is irrelevant.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episoder(2850)

We Can Find The Gift In It | Reduce Wants, Increase Happiness

We Can Find The Gift In It | Reduce Wants, Increase Happiness

We wrote an email over at Daily Dad (please subscribe if you haven’t!) recently which notes Robert F. Kennedy’s troubled childhood in the troubled Kennedy household. His family mourned the loss of his...

19 Feb 20248min

Preparation Makes You Brave | Courage is Calling

Preparation Makes You Brave | Courage is Calling

On today’s weekend episode of the Daily Stoic podcast, Ryan reads a chapter from his book Courage Is Calling: Fortune Favors The Brave. This excerpt comes from one of Ryan's favorite chapters Preparat...

18 Feb 20249min

Mick Mulroy on the Beauty of Marcus Aurelius’ Meditations and the Collective Need For Philosophy

Mick Mulroy on the Beauty of Marcus Aurelius’ Meditations and the Collective Need For Philosophy

Ryan speaks with Mick Mulroy in the first of a two-part conversation about the simplicity of Stoicism but the difficulties people have in practicing the philosophy. They also discuss Marcus Aurelius’ ...

17 Feb 20241h 3min

They Felt This Weight | Don't Make Things Harder Than They Need To Be

They Felt This Weight | Don't Make Things Harder Than They Need To Be

It’s easy for academics and critics to dismiss the Stoics as depressing or dark. They’re not wrong, exactly, because it’s true: There are some dark and depressing passages in Meditations. Seneca is no...

16 Feb 20248min

Do This. It’s Enough. | Ask Ds

Do This. It’s Enough. | Ask Ds

As John Adams (detailed in David McCullough’s amazing biography) wrote in his own old age, “You are not singular in your suspicions that you know but little. The longer I live, the more I read, the mo...

15 Feb 202414min

Colin Elliott On The Art Of Navigating Lessons From History To The Modern World

Colin Elliott On The Art Of Navigating Lessons From History To The Modern World

On this episode of the Daily Stoic Podcast, Ryan talks with economic and social historian Colin Elliott. They delve into the complexities surrounding the societal response to the COVID-19 pandemic, dr...

14 Feb 20241h 21min

 Get Narrow Before Life Does

Get Narrow Before Life Does

It’s interesting that these three great Stoics spent their final moments not as lone wolves but as friends, as fathers, as people who loved their fellow human beings. On a recent episode of The Daily ...

14 Feb 20243min

Don’t Let It Change You | How To Actually Be Happier In 2024 (According to the Stoics)

Don’t Let It Change You | How To Actually Be Happier In 2024 (According to the Stoics)

So eventually a group of corrupt Romans contrived to have Cato assigned to a posting in Cyprus, a veritable hotbed of misdeeds and sin. It was a place where politicians got rich, where they had fun, w...

13 Feb 202416min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
lydartikler-fra-aftenposten
rss-borsmorgen-okonominyhetene
finansredaksjonen
pengesnakk
utbytte
tid-er-penger-en-podcast-med-peter-warren
pengepodden-2
morgenkaffen-med-finansavisen
livet-pa-veien-med-jan-erik-larssen
rss-markedspuls-2
okonomiamatorene
lederpodden
stormkast-med-valebrokk-stordalen
rss-investering-gjort-enkelt
rss-finansforum-2
flypodden