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.

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It’s Not If You’re Reading, But WHAT You’re Reading

It’s Not If You’re Reading, But WHAT You’re Reading

Reading is an indisputable good. How could it not be? It’s hard to criticize anyone who takes the time, in this crazy, busy (and shockingly ignorant) world, to sit and read a book. But if wisdom is our aim, then of course, it’s not that simple. Great readers don’t just think about quantity, they think about quality.Ryan explains how you should measure the quality of your reading on today's Daily Stoic Podcast.***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow Daily Stoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

2 Dec 20203min

Who Will You Look For?

Who Will You Look For?

If you look out at the world right now, what you’ll see at first glance is a pretty terrible picture of desperation. Steep market declines. Fear. Panic. Unemployment. People in hospitals. Leaders who have fallen down on the job at every level of government, who actually feel no shame, saying things like, “I don't take responsibility at all.”But if you choose to be a bit more deliberate about how you look, you might see something else—a pretty amazing picture of dedication.Ryan describes why the way you choose to perceive things is so important on today's Daily Stoic Podcast.***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow Daily Stoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

1 Dec 20203min

Look for the Smooth Handle | Balance the Books of Life Daily

Look for the Smooth Handle | Balance the Books of Life Daily

In 1811, a 68-year-old Thomas Jefferson sat down to try to put down some advice that he could pass along to his 12-year-old granddaughter Cornelia. His advice survives to us as “Canons of Conduct,” 12 rules for living. Ryan discusses the importance of one of Jefferson's rules, and reads over the week's guidance from the Daily Stoic Journal, on today's Daily Stoic Podcast.This episode is brought to you by Four Sigmatic. Four Sigmatic is a maker of mushroom coffee, lattes, elixirs, and more. Their drinks all taste amazing and they've full of all sorts of all-natural compounds and immunity boosters to help you think clearly and live well. Four Sigmatic has a new exclusive deal for Daily Stoic listeners: get up to 39% off their bestselling Lion’s Mane bundle by visiting foursigmatic.com/stoic.***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow Daily Stoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

30 Nov 20208min

7 Things the Stoics Can Teach Us in 2020

7 Things the Stoics Can Teach Us in 2020

On today's episode, Ryan discusses 7 lessons we can all learn from the Stoics that are especially pertinent to the trials of 2020.This episode is brought to you by Neuro. Neuro makes mints and gums that help you retain focus and clarity wherever you go. Made with a proprietary blend of caffeine, L-theanine, and other focus-building compounds, Neuro’s products are great for anyone who needs help focusing in these trying times. Try out Neuro’s gums and mints at getneuro.com—and use discount code STOIC at checkout to save 15% on your order.***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow Daily Stoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

29 Nov 202016min

Tech Investor Joe Lonsdale On How Philosophy Makes You Better at Business

Tech Investor Joe Lonsdale On How Philosophy Makes You Better at Business

Ryan speaks with entrepreneur and investor Joe Lonsdale about the intersections of business and philosophy, what Cicero means to him, why so many people are relocating to Texas, and more.Joe Lonsdale is a major Silicon Valley tech sector investor. A co-founder of Palantir Technologies, Lonsdale was an early investor in companies including Oculus, Oscar, Illumio, and Orca Bio, and is a partner at 8VC, his venture capital firm. Lonsdale also started the Cicero Institute, a group dedicated to public-private partnerships to solve problems.This episode is brought to you by GiveWell, the best site for figuring out how and where to donate your money to have the greatest impact. GiveWell’s team of researchers works countless hours to determine which charities make the most effective dollar-for-dollar contributions to the causes they support. Since 2010, GiveWell has helped over 50,000 donors donate over 500 million dollars to the most effective charities, leading to over 75,000 lives saved and millions more improved. Visit GiveWell.org/stoic and your first donation will be matched up to 100 dollars.This episode is also brought to you by Blinkist, the app that gets you fifteen-minute summaries of the best nonfiction books out there. Blinkist lets you get the topline information and the most important points from the most important nonfiction books out there, whether it’s Ryan’s own The Daily Stoic, Yuval Harari’s Sapiens, and more. Go to blinkist.com/stoic, try it free for 7 days, and save 25% off your new subscription, too.This episode is also brought to you by Trends. Trends is the ultimate online community for entrepreneurs and business aficionados who want to know the latest news about business trends and analysis. It features articles from the most knowledgeable people, interviews with movers and shakers, and a private community of like-minded people with whom you can discuss the latest insights from Trends. Visit trends.co/stoic to start your two-week trial for just one dollar.***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow @DailyStoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicFollow Joe Lonsdale:Homepage: https://joelonsdale.com/Twitter: https://twitter.com/JTLonsdaleSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

28 Nov 202047min

This Is Our Duty

This Is Our Duty

"That nice, warm feeling you have right now? That fullness? From the food you stuffed yourself with, from the wonderful meal you had with your family?It’s important that you realize not everyone is feeling that right now."Ryan explains what we can do to help others who don't have enough to eat this holiday season on today's Daily Stoic Podcast.Donate to the Daily Stoic Feeding America fundraiser: http://dailystoic.com/feed***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow Daily Stoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

27 Nov 20205min

Now, More Than Ever, You Have To Find This

Now, More Than Ever, You Have To Find This

"On this day of American Thanksgiving, we’re supposed to make time to give thanks, to actively think about that word which has become almost cliché in wellness circles: gratitude. But what is gratitude? Some people think of it as being thankful for all the good things you have in your life. Others see it as the act of acknowledging what people have done for you or what you appreciate about others. While the Stoics would have agreed that all of what those interpretations encompass is important, they practiced a slightly different form of gratitude."Find out what that different form of gratitude is, and how you can practice it, on today's Daily Stoic Podcast.***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow Daily Stoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

26 Nov 20205min

The Right Amount Is Key

The Right Amount Is Key

"If you’re not on guard, you’ll find yourself falling victim to the urge for just one more helping, or I’ve earned that treat. But what we are bad at calculating is what kind of person we’re going to feel like after. It’s like with drinking: it might make you friendlier at first, and then a real monster a few hours later. And the next day? Well then you won’t be good for anything."Ryan describes why moderation is so critical on today's Daily Stoic Podcast.***If you enjoyed this week’s podcast, we’d love for you to leave a review on Apple Podcasts. It helps with our visibility, and the more people listen to the podcast, the more we can invest into it and make it even better.Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow Daily Stoic:Twitter: https://twitter.com/dailystoicInstagram: https://www.instagram.com/dailystoic/Facebook: http://facebook.com/dailystoicYouTube: https://www.youtube.com/dailystoicSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

25 Nov 20203min

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