luck

“And the paradox of skills when both luck and skill are contributing to outcomes, which is most things, right? There are some things that are mostly skill like running races, but most things in life have at least a dollop of luck. It can be the case that a skil…”

“It drives me crazy that I would say a vast majority of money managers I've met over the years, and it's a big number, simply will not accept that luck is part of the equation.”

“Luck in some ways is, is really anathema to sports, right? We work hard and we game plan and we strategize and we compete and we sweat. We don't want to think that this is just in the hands of fate or coin flip. I mean, in some ways, luck is very much at odds …”

“What I realized was, luck is actually poison, because it strips people of agency. So if you constantly rely on luck, if you constantly fall back on good luck, bad luck, what you're saying is that you have no agency.”