Is Success Due to Hard Work, Talent, or Luck?

How to survive in a world where luck and randomness play a pivotal role.Topics covered include:What are power lawsWhat are the narrative fallacy and hindsight biasWhat are examples of domains where randomness has contributed to successWhat are ways to distinguish investing skill from luckHow sixth-century philosopher Boethius had an accurate view of chanceWhat are ways we can benefit from good luck while protecting ourselves from bad luckFor more information on this episode click here.SponsorsCopperMoney For the Rest of Us PlusShow NotesRedacted messages to and from Elon Musk—Delaware’s Court of ChanceryElon Musk’s Texts Shatter the Myth of the Tech Genius by Charlie Warzel—The AtlanticTalent Versus Luck: The Role of Randomness In Success and Failure by Alessandro Pluchino, Alessio Emanuele Biondo, and Andrea RapisardaSusan AlexandraWelcome to Susan Alexandra’s Dream World by Sophia Herring—Clever, Architectural DigestThe Fashion Set Can’t Get Enough of Susan Alexandra’s Colorful, Kitschy Designs by Noah Lehava—CoveteurQuantifying the evolution of individual scientific impact by Roberta Sinatra et al.What's in a Surname? The Effects of Surname Initials on Academic Success by Liran Einav and Leeat YarivMiddle names make you look smarter—University of SouthhamptonAdmission to Selective Schools, Alphabetically by Štěpán Jurajda and Daniel MünichIt Pays to Be Herr Kaiser: Germans With Noble-Sounding Surnames More Often Work as Managers Than as Employees by Raphael Silberzahn and Eric Luis UhlmannThe relative-age effect and career success: Evidence from corporate CEOs by Qianqian Du, Huasheng Gao, Maurice D. LeviThe Black Swan: The Impact of the Highly Improbable by Nassim Nicholas TalebWere Those Great Returns the Result of Skill — or Just Luck? by Julie Segal—Institutional InvestorRelated Episodes323: The Economy Is Not A MachineSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.