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Comment by confluence | Hacker News Reader

Nothing in the world can take the place of Luck. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Luck and determination alone are omnipotent. The slogan 'Good Luck' has solved and always will solve the problems of the human race.

- A reality based Calvin Coolidge

Hard work and luck are what's needed to succeed. If you ignore luck - you will end up bitter, sad and depressed.

If you were born female in the 1920s - you will not do well.

If you were black in the 19th century - you will not do well.

If you are poor in the 21st century - you will not do well.

If you die before you get anything done - you will not do well.

Luck > determination - always has been - always will be.

You can increase your chances at success but don't lie to people and say success is by hard work alone - that's a lie.

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While we must all acknowledge the crazy amounts of luck we've been privy to - it's not super useful except as a salve for your lack of success - which could totally be due to luck, or to temper your success.

Luck and work on dependent - we need to acknowledge that. I've had some damn lucky moments that I had to work my ass off for. Where's the utility in knowing that much is left to luck? The only way I can think is optimizing for luck - networking a lot, giving talks, giving help, etc. all, as some HNer put it "expands your luck surface area" - an apt term

Reading about the 1920s stock market crash recently it struck me that many men ruined themselves because they were unaware that their previous success owed more to luck than to their mastery of the situation.

I think a public stock market is a hard game to "good" at - far more luck based than other things. I mean it's a pretty efficient market with really high incentives to get information, and hence pricing, reflected in your positions.

Whereas - a person opening a construction company just has to beat all the super-flakey contractors that already exist and of course sell like hell. This is far less luck than the stock market is.

The whole point of determination is so that you have many chances at having luck swing your way.

There's an old saying... Luck favours the prepared.

If you are not prepared for an opportunity, then luck will almost certainly pass you by.

There's another saying: in order to be ready when necessary, you must also be ready when unnecessary.

The importance of luck, and the importance of being able to capitalize on good fortune, are both true.

The important thing is to recognize that both agency and lack of agency will have very strong influences on your life. There is a certain merit in knowing that you tried and gave your best, regardless of success. There's also a lot of merit to expressing a certain level of humility at your success. Correctly selecting your parents and childhood ZIP code had a lot to do with it.

Luck is the product of preparedness and opportunity.

Your place of birth and genetics are two gigantic factors in the likely "success" of your life, and you zero influence on either of them.

There are a lot of billionaires born in places where is hard to succeed for example http://en.wikipedia.org/wiki/Lakshmi_Mittal and genetics can give you some abilities or others but is up to you to train them to succeed and also intelligence has nothing to do with race or genetics.

Exceptions don't make the rule.

Nobody said it couldn't happen. The problem is that we want it to be always possible. It isn't.

> Lakshmi Niwas Mittal was born into a Indian business family [son of steel magnate] in ... Rajasthan, India. ... He graduated from St. Xavier's [rich private school] College, Calcutta with a Bachelor of Commerce degree in business and accounting. His father, Mohan Lal Mittal, ran a steel business, Nippon Denro. [the magnate]

So a rich steel magnate's son in a developing country about to explode under the greatest GDP growth seen in world history, along with the greatest demand for steel seen in world history becomes a billionaire.

How ... predictable.

> intelligence has nothing to do with race or genetics.

Nothing to do with race, sure. Plenty to do with genetics, though. Intelligent parents tend to have intelligent kids.

Actually, I view luck as being an euphemism for perseverance, because it's easier for people to say "I'm unlucky", as an issue of destiny, rather than accept that there's something wrong with them.

It is true that if you were born a female, or black, or poor in the wrong century, then odds were definitely playing against you. But we now live in an age where there's less and less discrimination based on race, gender or money.

I can't find a link now, but there have been studies with the conclusion that lucky people tend to be resourceful people that put themselves in the way of success. You don't win the lottery if you don't play the game. You won't find a suitable mate to marry if you don't have a social life or if you're too shy. You won't have success in your startup if you don't start a startup or if you don't survive for long enough.

The absence of luck is just an excuse. It's true that many people will never win the lottery, even if they play the game for their whole life. But this is an issue of probabilities and luck tends to favor those that increase their chances of having success.

Don't disagree. Problem is this is one hell of a lottery. Each one of us is almost certain to lose.

Good thing though - if all you can do is lose - then you have nothing to lose - get rich or die trying.

What is luck? a set of favorable conditions for solving your problem, some can be in your control and some may not but in the end is up to you.

You can work on fixing the unfavorable conditions and take control of your luck, immigration, education, determination, courage, these are the tools that can shape your luck.

Luck is very real. Luck not as in winning a lottery but the place you're born, the kind of people in your family who support you in your endeavors, the talented people you get to surround with - it's all luck.

Luck is not everything, but a lot of things depend on luck for a majority of people.

Maybe: http://blakemasters.tumblr.com/post/23435743973/peter-thiels... : but perhaps the way we believe or don't believe in luck also affects the extent we succeed or don't succeed in a given situation.

Belief in talent over luck might make us more likely to succeed at a given endeavor.

Hard work is the only thing you can control, that's why it makes sense to focus on it. You can't do anything about your luck. Working hard offers you more opportunities to be in a situation where you can then become lucky.

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