Lucky vs. Repeatable
Luck is about foresight paired with strategic action.
Mike Michalowicz • Surge: Time the Marketplace, Ride the Wave of Consumer Demand, and Become Your Industry's Big Kahuna
Once someone picks a trajectory, they tend to stay on it. People who have won in the past tend to think they will win in the future. Likewise, the guy who has never won anything has a hard time believing that today is his Lucky Day.
Stan Beecham • Elite Minds: Creating the Competitive Advantage
You make your own luck. There's a great experiment that I can't cite, but it has stuck in my mind since I was a child. They identified people as lucky and unlucky, and asked them to count the number of photographs in a newspaper. The unlucky people took a long time to count the photographs, while the lucky people took a very short ... See more
Jason Liu • Advice to Young People, the Lies I Tell Myself
If making the same decision again would predictably result in the same outcome, or if changing the decision would predictably result in a different outcome, then the outcome following that decision was due to skill. The quality of our decision-making was the main influence over how things turned out. If, however, an outcome occurs because of things
... See moreAnnie Duke • Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
The best way to increase your odds of success—in a way that might look like luck to others—is to systematically become good, but not amazing, at the types of skills that work well together and are highly useful for just about any job.
Scott Adams • How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life
Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort. They are so similar that you can’t believe in one without equally respecting the other. They both happen because the world is too complex to allow 100% of your actions to dictate 100% of your outcomes.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness

Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort. They are so similar that you can’t believe in one without equally respecting the other. They both happen because the world is too complex to allow 100% of your actions to dictate 100% of your outcomes. They are driven by the same thing: Y
... See more