luck
2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 7, 2024 by Morgan Housel · across every show →
Everything said about luck, oldest first
Apr 7, 2024
Housel: Risk and luck are external factors that outweigh intentional action
“I actually think that risk and luck are virtually the same things, just in opposite directions. Risk and luck, the definition that I would give to both of them are, there are things that can happen outside of your control that have a bigger influence on outcom…”
Apr 7, 2024 neutral
Housel: 90% of virality in content and business is driven by luck
“I do think, and this sounds a little fatalistic, but I think 90% of virality, whether it's in content Or maybe even companies too, maybe a little less for companies, but a significant part of virality is luck. It's something that you really can't put your fing…”