Success = Talent + Luck
Great Success = little more talent + Lot of luck!
Thinking Fast and Slow
Daniel Kahneman
- Day 1: Talent + Luck ↑
- Day 2 : Talent + Luck ↓
So a person who did well on day1 ; all likely - will drop performance on day 2 due to role of luck!
Same level of performance which was good on Day 1 was dreadful on Day 2;
This is called the "Regression to the Mean"
Regression to the mean is an important concept to remember especially for smartest people!
The problem with success is that it lulls smart people into believing they know what they're doing ...Bill Gates
As Keith Cunningham adds in "The Road less Stupid" - Sucesss does not make you invincible or bullet-proof. What success does best is to make you complacent and egotistical, which by themselves are sufficient to create disaster
remember, Ability, Intellect and Work ethic are not enough to overcome the surprise the life can throw at us ! Beware of lady luck that may smile or frown upon in a day!
Be Humble!
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