It isn’t enough just to be good. You’ve got to be lucky, too. This is the central premise of Max Gunther’s book “How to get lucky”. I first came across this author when reading “The Zurich Axioms“, a set of investing rules followed by Swiss Bankers to manage risk and reward. It starts with this comforting idea that we fall short of our goals largely because of a lack of luck. That we deny the role of luck when successful only speaks to our susceptibility to survivorship bias. And yet, according to Max, luck, in gambling, career, love, friendships and even
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