The Daily Stoic

What Is Luck and What Is Not

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Synopsis

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