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(2898)

AI Isn't Stealing Creativity, It's Supercharging It | Rick Rubin (PT. 1)

AI Isn't Stealing Creativity, It's Supercharging It | Rick Rubin (PT. 1)

What if AI isn’t replacing creativity, but expanding it in ways we’ve never seen before? Rick Rubin joins Ryan to discuss the mysterious nature of using AI throughout the creative process. They talk a...

25 Jun 202542min

Who Can Tell You You’re Wrong? | What's In Your Way Is The Way

Who Can Tell You You’re Wrong? | What's In Your Way Is The Way

The thing about power is not so much that it changes you but that it changes the people around you. It changes what they’re willing to say to you…and how they say it.🎥 Watch Why Narcissistic Leaders ...

24 Jun 202510min

Letting Go Is Not Giving Up | The Long Way Around

Letting Go Is Not Giving Up | The Long Way Around

Coming to terms with pain and setbacks and unfairness is critical to moving forward, to affecting change, to being a leader, to basic happiness. 📔 Pick up your own leather bound signed edition of The...

23 Jun 20258min

The Virtue That Makes All The Others Worth Having

The Virtue That Makes All The Others Worth Having

“Always do right. This will gratify some people and astonish the rest.” - Mark TwainIn this powerful talk, Ryan explains why justice is the true measure of leadership. This is a call to do the right t...

22 Jun 202542min

The UNTOLD Emotional Struggles of History’s Most Powerful Men | Ron Chernow (PT. 2)

The UNTOLD Emotional Struggles of History’s Most Powerful Men | Ron Chernow (PT. 2)

Mark Twain didn’t just write American classics, he lived one of the most powerful personal transformations in history. In Part 2 of this conversation, Pulitzer Prize-winning biographer Ron Chernow ret...

21 Jun 202545min

You Must Avoid These Stains Too | How To Make The Right Decision (Even When It Will Cost You)

You Must Avoid These Stains Too | How To Make The Right Decision (Even When It Will Cost You)

There are forces out there, just as tempting as power, that can cut us off from our values, from truth, from other people, from what matters. It takes work to resist them, to counteract them, and to r...

20 Jun 202538min

You Can’t Be Afraid To Lose It | Ask Daily Stoic

You Can’t Be Afraid To Lose It | Ask Daily Stoic

The Stoics remind you that the point of financial security is to feel secure. The point of plenty is to realize that you have enough. You can’t fear losing what you had–there was a time you didn’t hav...

19 Jun 202510min

This Cannot Be Taken (Only Given)

This Cannot Be Taken (Only Given)

Powerful people can take from you. Yet the Stoics remind us: our character is our own.📖 Preorder the final book in Ryan Holiday's The Stoic Virtues Series: "Wisdom Takes Work": https://store.dailysto...

18 Jun 20252min

Populært innen Business og økonomi

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