Luck dominates our lives.
It starts with where and to whom we were born.
Luck is central in professions like finance and tech.
Who we meet, work with, marry—it plays a larger role than we would like to admit in all kinds of areas in our lives.
That may seem like a bleak prospect. Luck determines our life?
But accepting that luck plays a central role in our lives gives us opportunity.
We can choose a profession with better understanding of the risks and benefits.
We can pursue things that increase our upside—publishing online, or joining a startup.
We can manage our downside risk—avoiding financial ruin and risky behaviour.
Accepting that luck plays a big role in our lives doesn’t diminish our competence.
It merely helps us focus our competence on the right things.