A Quote by Michael Lewis

People really don't like to hear success explained away as luck — especially successful people. As they age, and succeed, people feel their success was somehow inevitable. They don't want to acknowledge the role played by accident in their lives. There is a reason for this: the world does not want to acknowledge it either. If you use better data, you can find better values; there are always market inefficiencies to exploit, and so on. But it has a broader and less practical message: don't be deceived by life's outcomes. Life's outcomes, while not entirely random, have a huge amount of luck baked into them. Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation.

Michael Lewis

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Above Accident Acknowledge Age Also Always Amount Away Baked Better Broader Data Deceived Does Either Entirely Explained Exploit Feel Find Had Hear Huge Huge Amount Inevitable Less Life Like Lives Luck Market Message Obligation Outcomes People Played Practical Random Really Reason Recognize Role Somehow Succeed Success Successful Successful People Them Use Values Want While World

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Michael Lewis
American - Author
Born: October 15, 1960

Don't be deceived by life's outcomes. Life's outcomes, while not entirely random, have a huge amount of luck baked into them.

Michael Lewis

Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.

Michael Lewis

If you drill down on any success story, you always discover that luck was a huge part of it. You can't control luck, but you can move from a game with bad odds to one with better odds. You can make it easier for luck to find you. The most useful thing you can do is stay in the game.

Scott Adams

When I started 70 odd years ago I was told that to be a success you've got to have talent, personality and luck. I've had 99.9 percent luck and the other miniscule percentage would be having had the luck to have a little bit of talent, being able to stand upright and that's it. It's all luck.

Roger Moore

Luck take a second look at what appears to be someone's good luck. You'll find not luck but preparation, planning, and success-producing thinking.

David J. Schwartz

Remind yourself regularly that you are better than you think you are. Successful people are not superhuman. Success does not require a super-intellect. Nor is there anything mystical about success. And success isn't based on luck. Successful people are just ordinary folks who have developed belief in themselves and what they do. Never...yes, never...sell yourself short.

David J. Schwartz

There's always luck involved in things, luck is involved in life; you're born a certain way, you're born in a certain location, you're born - country, there's always luck. And some people disagree that there's no such thing as luck, well, I'll take them on anytime you want.

Donald Trump

Luck plays an important role in Bollywood. We all work really hard to earn success but our luck has to be on the right side, especially from where I come from.

Daisy Shah

You create your own luck by the way you play. There is no such luck as bad luck. Fate has nothing to do with success or failure, because that is a negative philosophy that indicts one's confidence, and I'll have no part of it.

Greg Norman

The problem that people don't understand is that active managers, almost by definition, have to be poorly diversified. Otherwise, they're not really active. They have to make bets. What that means is there's a huge dispersion of outcomes that are totally consistent with just chance. There's no skill involved it. It's just good luck or bad luck.

Eugene Fama

Above all, he liked it that everything was one's own fault. There was only oneself to praise or blame. Luck was a servant and not a master. Luck had to be accepted with a shrug or taken advantage of up to the hilt. But it had to be understood and recognized for what it was and not confused with a faulty appreciation of the odds, for, at gambling, the deadly sin is to mistake bad play for bad luck. And luck in all its moods had to be loved and not feared

Ian Fleming

Luck is one thing. It has always been there, it has always been a part of my success. It's a part of everyone's success. Without it, you can't be successful. But luck is something you have to stimulate, something you have to nurture through the choices you make...That's why things have always worked out for me. Things work out not just because I'm lucky, but because I plan ahead. I figure out what I want and I go for it. I've always spent a lot of time trying to surround myself with the right people, the kinds of teammates who could lead me to my goals.

Valentino Rossi

Backboneless employees are too ready to attribute the success of others to luck. Luck is usually the fruit of intelligent application. The man who is intent on making the most of his opportunities is too busy to bother about luck.

B. C. Forbes

When entrepreneurs talk about their success, they rarely talk about luck. I think that's because most of them think the concept denigrates the hard work and smart thinking they put into their projects. But luck is a huge part of any successful business.

Marc Randolph

I want to acknowledge luck, the benevolence of it in my life, and the brutality of it in the lives of others.

Paul Newman

Don't be confused by what looks like luck to you. Lucky people don't make successful people; people who completely commit themselves to success seem to get lucky in life.

Grant Cardone

A Quote by Michael Lewis

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