Column · role of luck

The role of luck

2026-10-19 · InfoGap

What cannot be controlled

Timing, the first person who finds you, whether a platform changes its rules. These dominate outcomes at small scale, and pretending otherwise produces bad advice.

What can be controlled

The number of attempts. Each attempt is an opportunity for the uncontrollable to land favourably, and attempts are cheap compared to certainty.

The asymmetry

A failed attempt costs time and a little money. A success can change the trajectory. When the downside is bounded and the upside is not, more attempts is the rational strategy.

What to avoid

Treating one success as proof of skill and one failure as proof of absence. Both are usually noise, and the correct response to noise is more samples.

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