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Re: The role of luck in success and failure
[Re: Davedave]
#12669278
03/12/18 08:40 PM
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Joined: Oct 2006
Posts: 95,347
Bigbob_FTW
Big Sprocket Bob
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Big Sprocket Bob
Joined: Oct 2006
Posts: 95,347 |
This subject has been studied to death
First off Ill define success as amassing wealth and I dont mean a 4 BR, 3 BA house in Frisco with a swimming pool, two high dollar foreign sedans in the garage and a $2 million 401(k)
I mean real wealth
By far, the profile of real wealth comes from those who were to the manor born. They have old money, socialize with others with old money, go to the same old money schools and saving the best for last, marry into old money. Its very incestuous and its a galaxy the nouveau riche rarely experience.
But what about the American Dream you say, and I dont mean Dusty Rhodes. Get an education, work hard, make sacrifices to build a career, take on immense challenges to improve yourself, blah, blah, blah and you can become rich and famous.
Not bloody likely! Oh it happens alright but for everyone that makes it, theres a slew of them who are laying in a ditch with a javelin through them. And this is further compounded by some peoples idea of what hard work really is. Im out. I dont have a pool, and I have a couple of Fords and a Toyota. Maybe next year. your house is 3 times the size of mine. Rich is relative.
FJB
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Re: The role of luck in success and failure
[Re: Bigbob_FTW]
#12669283
03/12/18 08:42 PM
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Joined: Jul 2012
Posts: 22,230
Davedave
Bigfoot Seeker
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Bigfoot Seeker
Joined: Jul 2012
Posts: 22,230 |
This subject has been studied to death
First off Ill define success as amassing wealth and I dont mean a 4 BR, 3 BA house in Frisco with a swimming pool, two high dollar foreign sedans in the garage and a $2 million 401(k)
I mean real wealth
By far, the profile of real wealth comes from those who were to the manor born. They have old money, socialize with others with old money, go to the same old money schools and saving the best for last, marry into old money. Its very incestuous and its a galaxy the nouveau riche rarely experience.
But what about the American Dream you say, and I dont mean Dusty Rhodes. Get an education, work hard, make sacrifices to build a career, take on immense challenges to improve yourself, blah, blah, blah and you can become rich and famous.
Not bloody likely! Oh it happens alright but for everyone that makes it, theres a slew of them who are laying in a ditch with a javelin through them. And this is further compounded by some peoples idea of what hard work really is. Im out. I dont have a pool, and I have a couple of Fords and a Toyota. Maybe next year. your house is 3 times the size of mine. Rich is relative. Ive got a shotgun, a rifle and a four wheel drive.
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Re: The role of luck in success and failure
[Re: joebass2]
#12669312
03/12/18 08:58 PM
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Joined: Mar 2014
Posts: 29,828
Duck_Hunter
TFF Guru
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TFF Guru
Joined: Mar 2014
Posts: 29,828 |
If someone truly does not think hard work and determination are not keys to success then so be it. I have seen far too much firsthand that contradicts that study. Hard work, determination, and the power of chasing a dream cannot be measured by a computer. What percentages of business start ups fail? Were those people not hard working dream chasers? I'm not sharing this study to discourage anyone. And by all means, I fully believe you should work hard. In terms of things you can control, there is zero doubt in my mind it matters a great deal. That said, the study shows the things you can't control matter more. In all probability we would have never heard the name Bill Gates if he hadn't been born exactly when and where he was. He was born right at the start of the computer age and within a few blocks of one of two super computers that were open to public access at the time. This access sparked his interest in code. No doubt he's a hard worker, but if he was born in Indiana he would not have founded Microsoft. Some might say Bill Gates benefited from fate, destiny or chance and hard work. Life isnt fair, being in the right place at the right time is huge, knowing the right people can help, but it still takes hard work for the vast majority of the people that are successful. Youre right, Gates benefited from the time he was born and growing up down the street from a place that had super computers open to the public and needed people to code. He still put in countless hours learning to code and then applying that learned knowledge to building an empire. I don't consider that aspect of his life (being born at the right time and location) luck. I think he had some luck along the way, but it was taking some chances as he built Microsoft and the ball bounced his way. I agree with Jacob, though. How did the study define luck? Without a definition (and depending on the definition) its hard to agree with the studys findings. Didn't hurt that Bill Gate's Dad was a partner in the largest law firm in Seattle. Kinda puts a damper on the whole 'garage' story. I dont understand your point or how that puts a damped on the garage story.
Last edited by Duck_Hunter; 03/12/18 08:59 PM.
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Re: The role of luck in success and failure
[Re: Jpurdue]
#12669423
03/12/18 10:05 PM
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Joined: Sep 2009
Posts: 16,001
steveiam
TFF Guru
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TFF Guru
Joined: Sep 2009
Posts: 16,001 |
Ill just put this in here for whatever reason- And just one example but there are many more- Robin williams was both successful and wealthy- But he was not happy- Id rather be happy-
What has happed to you does not define who you are-
HOW you react to what happens to you DOES!
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Re: The role of luck in success and failure
[Re: Jpurdue]
#12669683
03/13/18 01:03 AM
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Joined: Feb 2008
Posts: 18,150
krawlin 47
TFF Guru
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TFF Guru
Joined: Feb 2008
Posts: 18,150 |
I don't believe in luck - at all.
Whether you think you can or you can't, you are probably right.
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Re: The role of luck in success and failure
[Re: Jpurdue]
#12669723
03/13/18 01:25 AM
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Joined: Jan 2008
Posts: 13,581
Fishspanker
TFF Guru
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TFF Guru
Joined: Jan 2008
Posts: 13,581 |
A guy I do business with sold his company with his partner for $1.6 billion. I have tried to figure out what he has that got him to that point. It's hard to say. Mainly he was willing to take the risk. He came to the US with two suitcases to get a degree at Harvard. Definitely intelligent. What he is doing now is basically for entertainment.
I like the story of the guy who owns the OX Ranch hunting ranch. Started a company Hostgator.com and sold it for over 200 million. Buys a big hunting ranch where you can now go drive a real tank. That's crazy.
Most of us are too busy making a living to make any real money.
Last edited by Fishspanker; 03/13/18 01:30 AM.
The Sheep who only fears the Wolf is eaten by the Shepherd.
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Re: The role of luck in success and failure
[Re: Scagnetti]
#12669727
03/13/18 01:28 AM
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Joined: Mar 2005
Posts: 41,378
butch sanders
TFF Guru
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TFF Guru
Joined: Mar 2005
Posts: 41,378 |
This subject has been studied to death
First off Ill define success as amassing wealth and I dont mean a 4 BR, 3 BA house in Frisco with a swimming pool, two high dollar foreign sedans in the garage and a $2 million 401(k)
I mean real wealth
By far, the profile of real wealth comes from those who were to the manor born. They have old money, socialize with others with old money, go to the same old money schools and saving the best for last, marry into old money. Its very incestuous and its a galaxy the nouveau riche rarely experience.
But what about the American Dream you say, and I dont mean Dusty Rhodes. Get an education, work hard, make sacrifices to build a career, take on immense challenges to improve yourself, blah, blah, blah and you can become rich and famous.
Not bloody likely! Oh it happens alright but for everyone that makes it, theres a slew of them who are laying in a ditch with a javelin through them. And this is further compounded by some peoples idea of what hard work really is. your wisdom is admirable now a seperate topic who did you take in The Derby Futures ?
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Re: The role of luck in success and failure
[Re: butch sanders]
#12669739
03/13/18 01:35 AM
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Joined: Jan 2006
Posts: 32,920
Scagnetti
TFF Guru
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TFF Guru
Joined: Jan 2006
Posts: 32,920 |
This subject has been studied to death
First off Ill define success as amassing wealth and I dont mean a 4 BR, 3 BA house in Frisco with a swimming pool, two high dollar foreign sedans in the garage and a $2 million 401(k)
I mean real wealth
By far, the profile of real wealth comes from those who were to the manor born. They have old money, socialize with others with old money, go to the same old money schools and saving the best for last, marry into old money. Its very incestuous and its a galaxy the nouveau riche rarely experience.
But what about the American Dream you say, and I dont mean Dusty Rhodes. Get an education, work hard, make sacrifices to build a career, take on immense challenges to improve yourself, blah, blah, blah and you can become rich and famous.
Not bloody likely! Oh it happens alright but for everyone that makes it, theres a slew of them who are laying in a ditch with a javelin through them. And this is further compounded by some peoples idea of what hard work really is. your wisdom is admirable now a seperate topic who did you take in The Derby Futures ? I paid $2 grand for the Lone Star Clocker tip sheet aka the butch sanders special
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Re: The role of luck in success and failure
[Re: Scagnetti]
#12669863
03/13/18 02:37 AM
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Joined: Mar 2014
Posts: 29,828
Duck_Hunter
TFF Guru
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TFF Guru
Joined: Mar 2014
Posts: 29,828 |
This subject has been studied to death
First off Ill define success as amassing wealth and I dont mean a 4 BR, 3 BA house in Frisco with a swimming pool, two high dollar foreign sedans in the garage and a $2 million 401(k)
I mean real wealth
By far, the profile of real wealth comes from those who were to the manor born. They have old money, socialize with others with old money, go to the same old money schools and saving the best for last, marry into old money. Its very incestuous and its a galaxy the nouveau riche rarely experience.
But what about the American Dream you say, and I dont mean Dusty Rhodes. Get an education, work hard, make sacrifices to build a career, take on immense challenges to improve yourself, blah, blah, blah and you can become rich and famous.
Not bloody likely! Oh it happens alright but for everyone that makes it, theres a slew of them who are laying in a ditch with a javelin through them. And this is further compounded by some peoples idea of what hard work really is. your wisdom is admirable now a seperate topic who did you take in The Derby Futures ? I paid $2 grand for the Lone Star Clocker tip sheet aka the butch sanders special Butch always goes for two.
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Re: The role of luck in success and failure
[Re: Jpurdue]
#12670093
03/13/18 10:29 AM
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Joined: Oct 2005
Posts: 85,918
John175☮
MACHO MAN
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MACHO MAN
Joined: Oct 2005
Posts: 85,918 |
“Do not pray for easier lives. Pray to be stronger men.” -JFK
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Re: The role of luck in success and failure
[Re: Jpurdue]
#12670112
03/13/18 11:08 AM
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Joined: Apr 2010
Posts: 26,148
patriot07
TFF Guru
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TFF Guru
Joined: Apr 2010
Posts: 26,148 |
What do they define as "wealthy"?
There are lots of smart people. If you lump all the smart people who work hard into one category, there are obviously some that are going to be luckier than others and they are likely to be the wealthiest. There are plenty of smart people who work hard that aren't wealthy as well, and I think they're on the other end of the luck spectrum.
Bottom line - generally, you can't get significant wealth without being smart, working hard, and getting lucky. It takes all 3. We just like to ignore the last one because there's nothing you can do about it.
Life can only be understood backwards; but it must be lived forwards. - Soren Kierkegaard
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Re: The role of luck in success and failure
[Re: Scagnetti]
#12670164
03/13/18 12:27 PM
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Joined: Feb 2004
Posts: 26,660
Bass_Bustin_Texan
TFF Guru
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TFF Guru
Joined: Feb 2004
Posts: 26,660 |
By far, the profile of real wealth comes from those who were to the manor born. They have old money, socialize with others with old money, go to the same old money schools and saving the best for last, marry into old money. Its very incestuous and its a galaxy the nouveau riche rarely experience.
Rich marry the rich, and the poor marry the poor. I watched all this happen the 40 years I have been here in Longview.
You can avoid having ulcers by adapting to the situation: If you fall in the mud puddle, check your pockets for fish. ~Unknown
Open your eyes & look within, are you satisfied with the life youre living.
No matter how good or bad you have it, wake up each day thankful for your life. Someone somewhere else is desperately fighting for theirs.
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Re: The role of luck in success and failure
[Re: Jpurdue]
#12670173
03/13/18 12:31 PM
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Joined: Oct 2006
Posts: 95,347
Bigbob_FTW
Big Sprocket Bob
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Big Sprocket Bob
Joined: Oct 2006
Posts: 95,347 |
A poor girl wants to marry And a rich girl wants to flirt A rich man goes to college And a poor man goes to work A drunkard wants another drink of wine And a politician wants a vote I don't want much of nothin' at all But I will take another toke
FJB
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Re: The role of luck in success and failure
[Re: patriot07]
#12670180
03/13/18 12:35 PM
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Joined: Apr 2014
Posts: 8,378
Jpurdue
OP
TFF Celebrity
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OP
TFF Celebrity
Joined: Apr 2014
Posts: 8,378 |
Bottom line - generally, you can't get significant wealth without being smart, working hard, and getting lucky. It takes all 3. We just like to ignore the last one because there's nothing you can do about it.
Agree.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
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Re: The role of luck in success and failure
[Re: Jpurdue]
#12670257
03/13/18 01:19 PM
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Joined: Apr 2014
Posts: 8,378
Jpurdue
OP
TFF Celebrity
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OP
TFF Celebrity
Joined: Apr 2014
Posts: 8,378 |
One of the things that study points out is that hard work and intelligence are necessary in most cases to be successful in life, but that the most talented people are rarely the most successful. The most talented folks are overtaken by folks of average work ethic and intelligence who just happened to be exceptionally lucky. Here's a great case in point. A 19 year old kid who hit it big in bitcoin. He thinks you are stupid if you don't become a millionaire in the next 10 years. He is completely unaware his success was nothing but luck. https://gizmodo.com/19-year-old-bitcoin-millionaire-says-its-your-own-fault-1822621836
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
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