Units of Luck
Instead of think of "Luck" as some nebulous concept, think of it like a unit of measure.
In other words: How many "Units of Luck" are you producing?
Warren Buffett talks about how lucky he is:
- Two parents
- Speaks English
- Born in the United States
- Born during a time when USA was booming
Each one of these added "Units of Luck" to his life.
Here's other ways to add "Units of Luck" to your own life:
- Be hard working, and willing to do more than someone else.
- Take more shots than other people normally do.
- When young try many different things, weed out stuff you don't like, do more of what you do like.
- Share your thoughts on the internet, this can attract other like-minded people into your network, no matter where they live.
- Go to places with successful people. Cities, events, gatherings etc.
Personal Example:
I have a wealthy family friend, and growing up people used to refer to him as "lucky." They said this because most of his investments did really well.
I approached him to be a sort of mentor, and after a year of observation I realized he was just really good at producing "Units of Luck."
He didn't look at 5 investments and all 5 did great.
Rather he looked at hundreds per day, and evvveeerrryy once in a while he'd spot gold.
To me this didn't seem like luck, but rather hard work and effort he put in.
Learnings:
- You create "Luck."
- "Luck" isn't a quality you have, it's a quality you build.
- You can create more "Luck."
- People who create a lot of "Luck" get lucky.
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