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0 pointscvlasdkv5y ago0 comments

> Perhaps, but I think a lot of people tend to say that, then conclude that they should just wait around for luck (not saying you're doing this, though).

I'm curious as to why you think that? It could be cultural differences but I have never seen that behaviour except from those that are already depressed and have given up.

IMO the simplest analogy for success is poker. You make the best decisions you can given the information you have. You adjust as new information is revealed. Ultimately, success or failure is less relevant than the process.

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gbacon5y ago

Yet the same faces seem to show up over and over at the final table because some are better than others at executing the process, maintaining control of emotions, bankroll management, and so on.

cvlasdkvOP5y ago

Of course given a large enough sample size process wins out! People's capabilities and knowledge differ. The issue is in determining _what_ good process _is_ given the vast environment that is a globalized economy.

That is why socioeconomic status is so important with respect to success. There's a difference when you can play a thousand hands vs. ten.

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