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(2860)

Molly Jong-Fast on Generational Trauma and Cancel Culture

Molly Jong-Fast on Generational Trauma and Cancel Culture

Ryan talks to journalist Molly Jong-Fast about the generational trauma that we’re passing down, the me too movement, how cancel culture has impacted our society, and more.Molly Jong-Fast is a contribu...

3 Aug 20221h 4min

The Earth Is Big And Has Room For Everyone

The Earth Is Big And Has Room For Everyone

✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail🏛 Get Stoic inspired books, medallions, and prints to remember these les...

3 Aug 20223min

Don’t Just Be Tough, Be Practical | 7 Stoic Stories To Guide You Through Life

Don’t Just Be Tough, Be Practical | 7 Stoic Stories To Guide You Through Life

✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail🏛 Get Stoic inspired books, medallions, and prints to remember these les...

2 Aug 202211min

Your Weakness Can Be Your Strength | A Week Without Complaining

Your Weakness Can Be Your Strength | A Week Without Complaining

✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail🏛 Get Stoic inspired books, medallions, and prints to remember these les...

1 Aug 20228min

Epictetus - The Enchiridion Pt. 1

Epictetus - The Enchiridion Pt. 1

The Enchiridion is one of the essential texts of Stoic philosophy, and one of the most important ancient documents that we have access to. It is a concentrated collection of Epictetus’s wisest teachin...

31 Jul 202216min

Morgan Housel on Building Wealth and Happiness

Morgan Housel on Building Wealth and Happiness

Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more.Morgan Housel is a partner at Th...

30 Jul 20221h 23min

We Are Free…and Not Free | Ask Daily Stoic

We Are Free…and Not Free | Ask Daily Stoic

✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail🏛 Get Stoic inspired books, medallions, and prints to remember these les...

29 Jul 202218min

It All Fades Away | Check Your Privilege, right?

It All Fades Away | Check Your Privilege, right?

✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail🏛 Get Stoic inspired books, medallions, and prints to remember these les...

28 Jul 20229min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
utbytte
pengesnakk
finansredaksjonen
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
livet-pa-veien-med-jan-erik-larssen
rss-sunn-okonomi
okonomiamatorene
lederpodden
rss-markedspuls-2
rss-fa-makro
boligbobla
rss-andelige-tanker-med-camillo
lederskap-nhhs-podkast-om-ledelse