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REAL WORLD EVENT DISCUSSIONS
Is success due to hard work and determination -- or is there a lot of luck involved?
Sunday, June 10, 2012 7:26 AM
NIKI2
Gettin' old, but still a hippie at heart...
Quote:In a commencement address he gave at his alma mater on Sunday, author Michael Lewis — best known for the nonfiction classics Moneyball and Liar’s Poker – told the assembled graduates something that many of them most likely had no interest in hearing: That success in this world isn’t entirely a matter of hard work and merit, but that the mysterious mystical force known as “luck” plays an enormous part. And that they were some of the luckiest souls on planet earth. Lewis, as he told the crowd, graduated from Princeton in 1982 with an art history degree, seemingly primed for failure in the post-grad job marketplace. He’d only recently decided he wanted to become a writer, and had no idea how to make this a reality. Then, as he told the graduates on Sunday, he had an extraordinary stroke of luck:Quote:One night I was invited to a dinner, where I sat next to the wife of a big shot at a giant Wall Street investment bank, called Salomon Brothers. She more or less forced her husband to give me a job.At Salomon Brothers, Lewis was in a perfect position to watch Wall Street “being reinvented” right under his nose. Within a year and a half he had more than enough material for a book – so he quit his fortuitously gotten job and wrote that book, Liar’s Poker, which became a bestseller. “All of a sudden people were telling me I was born to be a writer,” Lewis continued.Quote:This was absurd. Even I could see there was another, truer narrative, with luck as its theme. What were the odds of being seated at that dinner next to that Salomon Brothers lady? Of landing inside the best Wall Street firm from which to write the story of an age?Lewis’ theme is an old one in the literature of success in America. Horatio Alger, the author of countless 19th century “boys books” with titles like “Ragged Dick” and “Struggling Upward” relating inspiring tales of good-hearted street urchins climbing their way out of poverty to modest wealth and respectability, is largely remembered as someone who celebrated hard work and persistence above all. But that’s not quite right. Alger’s heroes had both “pluck” and “luck.” Indeed, the subtitle of “Struggling Upward” was “Luke Larkin’s Luck.” His stories, like Lewis’s own, emphasized the importance of being in the right place at the right time – being given an opportunity to impress a wealthy mentor, and taking full advantage of that opportunity. (Tip: If you see a horse-drawn carriage running out of control and about to crush someone, leap forward and pluck that person from danger, especially if he or she looks rich.) Hard work alone and good moral character weren’t enough, but neither was pure luck – you needed a bit of both. Even today, many want to believe that we live in something close to a pure meritocracy – that, aside from a few lucky outliers like the various members of the Kardashian clan, those who succeed in America have earned their success purely through hard work and determination. As Lewis pointed out last week:Quote: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.Over on the social media site Reddit, one angry commenter calling himself drgk seemingly set out to prove Lewis right on this point.Quote:My hard work in school gave me the qualifications. My hard work networking got me the internship. My hard work networking after my internship got me the job. My classmates who didn’t have as much “luck” basically finished school, sent out resumes and then called it a day and moved home to mommy. … Luck doesn’t exist, any more than God or faeries.Mr. drgk’s comments are a perfect illustration of what psychologists like to call the “illusion of control.” People like to feel they are in control of their lives, and that what they do matters more than luck or chance. Psychologists have shown, though a number of ingenious experiments, that in situations where both skill and luck play a role, people have a tendency to overestimate the importance of their skills. Even when they have no control whatsoever over the outcome, people often act as if they do; that’s why people like to pick their own lottery numbers. But even those who are willing to accept the role of luck are sometimes unwilling to admit that luck isn’t exactly evenly distributed in American society. Sure, Lewis took full advantage of his good luck in being seated next to the wife of a Salomon Brothers bigwig at that dinner party nearly three decades ago. But he was also lucky to be invited to the party in the first place – the sort of thing that happens a lot more often to Princeton graduates than it does to most of the rest of us. As Lewis told the graduates:Quote:[Y]ou are the lucky few. Lucky in your parents, lucky in your country, lucky that a place like Princeton exists that can take in lucky people, introduce them to other lucky people, and increase their chances of becoming even luckier.Though Lewis didn’t put it so baldly, he was talking about the advantages of class in America, where fortune deals out its cards from a stacked deck. As I pointed out in a previous column, research by economist Tom Hertz demonstrates how rare it is for those born poor to go from “rags to riches,” with only 1.3% of those born into the poorest 10% managing to “struggle upward” into the top 10%, while nearly one third of those born into the top 10% are able to hold on to their class position. Lewis could have mentioned this interesting factoid in his address. Perhaps he felt he was already pushing his luck with the assembled crowd. http://business.time.com/2012/06/06/is-success-due-to-hard-work-and-determination-or-is-there-a-lot-of-luck-involved/
Quote:One night I was invited to a dinner, where I sat next to the wife of a big shot at a giant Wall Street investment bank, called Salomon Brothers. She more or less forced her husband to give me a job.
Quote:This was absurd. Even I could see there was another, truer narrative, with luck as its theme. What were the odds of being seated at that dinner next to that Salomon Brothers lady? Of landing inside the best Wall Street firm from which to write the story of an age?
Quote: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.
Quote:My hard work in school gave me the qualifications. My hard work networking got me the internship. My hard work networking after my internship got me the job. My classmates who didn’t have as much “luck” basically finished school, sent out resumes and then called it a day and moved home to mommy. … Luck doesn’t exist, any more than God or faeries.
Quote:[Y]ou are the lucky few. Lucky in your parents, lucky in your country, lucky that a place like Princeton exists that can take in lucky people, introduce them to other lucky people, and increase their chances of becoming even luckier.
Sunday, June 10, 2012 7:49 AM
CHRISISALL
Sunday, June 10, 2012 9:34 AM
NEWOLDBROWNCOAT
Sunday, June 10, 2012 9:40 AM
6IXSTRINGJACK
Monday, June 11, 2012 3:45 AM
ANTHONYT
Freedom is Important because People are Important
Quote:To answer your question Nick... Hard Work and Determination mean nothing unless you're in a real Niche job. Luck is a factor, but in the end, for everyone else, it's ALL about who you know.... I'm 32, and my "grapevine" of built-in "who-you-knows" are gone.... Gonna have to put on my game face and expand my catalogue of those "who I know"......
Monday, June 11, 2012 5:01 AM
PIZMOBEACH
... fully loaded, safety off...
Monday, June 11, 2012 5:48 AM
CAVETROLL
Monday, June 11, 2012 6:03 AM
BYTEMITE
Monday, June 11, 2012 11:21 AM
MAGONSDAUGHTER
Monday, June 11, 2012 12:37 PM
Monday, June 11, 2012 1:29 PM
HKCAVALIER
Monday, June 11, 2012 3:32 PM
Monday, June 11, 2012 3:44 PM
AURAPTOR
America loves a winner!
Monday, June 11, 2012 4:06 PM
Quote:Originally posted by AURaptor: There's room at the top for anyone. Just not everyone.
Monday, June 11, 2012 4:09 PM
Monday, June 11, 2012 4:30 PM
Quote:Originally posted by Niki2: Chris, you missed that he also believes there are only TWO kinds of people: hard working, goal oriented, honest individuals and free loaders who thinks effort is for suckers.
Monday, June 11, 2012 4:39 PM
Quote:Or maybe that's the opinion of a simplifying idiot
Quote:Originally posted by Niki2: Chris, you missed that he also believes there are only TWO kinds of people: hard working, goal oriented, honest individuals and free loaders who thinks effort is for suckers. Wow; like you said, we learn something new every day...I never knew it was that simple before!
Monday, June 11, 2012 4:49 PM
Monday, June 11, 2012 5:10 PM
Quote:Originally posted by chrisisall: " AU, that was great, LOL!! " - Chrisisall
Tuesday, June 12, 2012 3:49 AM
Quote:Originally posted by chrisisall: Quote:Originally posted by Niki2: Chris, you missed that he also believes there are only TWO kinds of people: hard working, goal oriented, honest individuals and free loaders who thinks effort is for suckers. Effort IS for suckers. But I put effort into everything I do, my job & even my useless models. My Wife got some unemployment after her company was bought & restructured, so I guess we were freeloading... We have goals and are working towards them, but getting rich doing things that don't force you to be an asshole to others is problematic. In the end, we get by; we're still flying. I conjure we're an anomaly- according to 'Rap, you are either one or 'tother. Millions just here or there. Black & white. 01 or 00. Or maybe that's the opinion of a simplifying idiot... Who can say.
Tuesday, June 12, 2012 8:20 AM
Quote:Originally posted by CaveTroll: Doesn't matter if it is a credit card company charging rates higher than Vinny the knife (not kidding), or a slimeball lawyer who takes a case on spec and charges so much that any award is gobbled up in legal fees. They're still predators, but the law allows their conduct.
Tuesday, June 12, 2012 12:04 PM
Tuesday, June 12, 2012 2:54 PM
Quote:Originally posted by Niki2: Chris is often just being sarcastic
Tuesday, June 12, 2012 3:02 PM
KPO
Sometimes you own the libs. Sometimes, the libs own you.
Quote:Is success due to hard work and determination -- or is there a lot of luck involved?
Tuesday, June 12, 2012 3:57 PM
Quote:Originally posted by chrisisall: Quote:Originally posted by Niki2: Chris, you missed that he also believes there are only TWO kinds of people: hard working, goal oriented, honest individuals and free loaders who thinks effort is for suckers. Effort IS for suckers. But I put effort into everything I do, my job & even my useless models. My Wife got some unemployment after her company was bought & restructured, so I guess we were freeloading... We have goals and are working towards them, but getting rich doing things that don't force you to be an asshole to others is problematic. In the end, we get by; we're still flying. I conjure we're an anomaly- according to 'Rap, you are either one or 'tother. Millions just here or there. Black & white. 01 or 00. Or maybe that's the opinion of a simplifying idiot... Who can say. Chrisisall, wearing a frilly Mal thing on his head, and ready to shoot unarmed, full-body armoured Operatives
Tuesday, June 12, 2012 6:35 PM
Wednesday, June 13, 2012 12:10 AM
Quote:Originally posted by Niki2: Raptor works hard
Wednesday, June 13, 2012 5:01 AM
Quote:Originally posted by Niki2: Everything you said, Cave...you have a brain fart or something? I don't recall you being so astute, but maybe I wasn't paying enough attention. Just FYI tho'--Chris is often just being sarcastic, and I think that's what that post was partly (about the unemployment). You certainly got it right tho', thank you. THOSE are the kinds of people I was talking about and whom I abhor, the people Raptor works hard to ignore...unless they're a Democrat.
Wednesday, June 13, 2012 5:19 AM
Quote:Sarcasm is a lost art. I was the last practitioner of sarcasm in these parts. I quit because I got tired of people giving me that "dog watching television" look.
Wednesday, June 13, 2012 5:32 AM
Wednesday, June 13, 2012 5:41 AM
Wednesday, June 13, 2012 3:14 PM
Quote:Originally posted by chrisisall: Thanks, Six. You rock.
Quote:Originally posted by Niki2: Well, Six finally came up with the question I was hoping for, and Chris got a glimmer: How do you define "success"? We know how some here do, but not all of us. IS success just money/position/etc., or is there more to it? Six appears to be saying that hard work and determination PROVIDING a good living is "success", but are they really what you define as such? Chris mentioned getting rich by being an asshole as not a success he admires, which is closer to how I feel. I think most here can guess what my measure of success is, so I won't ramble about it, I'll wait until hopefully others might share their interpretation of "success"./b]
Wednesday, June 13, 2012 5:25 PM
RIONAEIRE
Beir bua agus beannacht
Thursday, June 14, 2012 1:04 AM
Quote:Originally posted by Niki2: I'll wait until hopefully others might share their interpretation of "success".
Thursday, June 14, 2012 2:28 AM
Quote:Originally posted by chrisisall: Quote:Originally posted by Niki2: I'll wait until hopefully others might share their interpretation of "success". Success is finishing a good Star Trek VI phaser sculpt! Being creative in some way, not merely productive. Or fixing your home, like Six. Bringing up kids. Chrisisall, wearing a frilly Mal thing on his head, and ready to shoot unarmed, full-body armoured Operatives
Thursday, June 14, 2012 5:18 AM
Thursday, June 14, 2012 6:43 AM
Quote:Originally posted by Niki2: I agree with Chris about being creative. I pretty much HAVE to be, in one way or another, or I think I'd go mad.
Thursday, June 14, 2012 10:31 AM
Quote:Originally posted by chrisisall: Think how many just go to work & come home & that's it, never being creative at all. & voting Republican.
Thursday, June 14, 2012 10:38 AM
Quote:@ Pizmo, ehh, anyone can make a phaser from scratch, that ain't so hard.
Thursday, June 14, 2012 11:59 AM
Quote:Originally posted by AURaptor: Think how many just get a check from the govt, sit at home, and that's it, never being creative - at all. And voting Democratic.
Thursday, June 14, 2012 12:03 PM
Quote:Originally posted by ANTHONYT: What a terrible insult to those of us who can't do what you do.
Thursday, June 14, 2012 12:49 PM
Quote:Originally posted by chrisisall: Hey, if I could just get a check, and be creative all day, that would be cool. How do I get a check from the govt like you describe? Can anyone do it? Or do you have to be rich?
Thursday, June 14, 2012 1:17 PM
Quote:Originally posted by AURaptor: But lots of folks get checks from the govt for not working.
Thursday, June 14, 2012 1:39 PM
Quote:Originally posted by Niki2: I agree with Chris about being creative. I pretty much HAVE to be, in one way or another, or I think I'd go mad. Always bumped across something to exercise that on; currently it's making signs for Occupy and the colorful planting of flowers (in hanging pots, I can't do much physical in the garden).
Quote:For me, success is also utilizing my skills, having enough to get by, finding peace, continuing to try and be the best person I can and learning from when I'm not, and giving back to the world in some way that will last beyond my own life (NOT in that order). Money and possessions are kind of the last things on my list.
Thursday, June 14, 2012 2:49 PM
Quote:Originally posted by chrisisall: Quote:Originally posted by AURaptor: But lots of folks get checks from the govt for not working. But HOW???? Can you clue me in?? That would be great! I want in! I mean, do you KNOW how to do it? Or is it just a talkin' point?
Thursday, June 14, 2012 3:20 PM
Quote:Originally posted by AURaptor: Having never received govt assistance, I dunno. Sorry.
Thursday, June 14, 2012 3:23 PM
Quote: But... you know for a FACT lots (millions) of folk get free money... just not HOW...
Thursday, June 14, 2012 3:24 PM
Quote:Originally posted by 6IXSTRINGJACK: It's so nice to hear me say those words out loud.
Thursday, June 14, 2012 3:29 PM
Quote:Originally posted by ANTHONYT: So I think you have to either have a job and then lose it, or you have to enjoy living in poverty in order to qualify.
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