Summary
I have NO patience for people who hate on those who experience luck and opportunity or benefit from privilege, or variance. I also have NO patience for people who believe everything they have achieved is solely because of hard work and nothing to do with luck, privilege, or variance.
Elaine @thewebrecluse
December 28 2022 3:46pm
𝘐𝘮𝘢𝘨𝘪𝘯𝘦 𝘵𝘩𝘢𝘵 𝘪𝘵 𝘪𝘴 24 𝘩𝘰𝘶𝘳𝘴 𝘣𝘦𝘧𝘰𝘳𝘦 𝘺𝘰𝘶 𝘢𝘳𝘦 𝘨𝘰𝘪𝘯𝘨 𝘵𝘰 𝘣𝘦 𝘣𝘰𝘳𝘯 𝘢𝘯𝘥 𝘢 𝘨𝘦𝘯𝘪𝘦 𝘤𝘰𝘮𝘦𝘴 𝘵𝘰 𝘺𝘰𝘶.
𝘛𝘩𝘦 𝘨𝘦𝘯𝘪𝘦 𝘴𝘢𝘺𝘴 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘥𝘦𝘵𝘦𝘳𝘮𝘪𝘯𝘦 𝘵𝘩𝘦 𝘳𝘶𝘭𝘦𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘴𝘰𝘤𝘪𝘦𝘵𝘺 𝘺𝘰𝘶 𝘢𝘳𝘦 𝘢𝘣𝘰𝘶𝘵 𝘵𝘰 𝘦𝘯𝘵𝘦𝘳 𝘢𝘯𝘥 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘥𝘦𝘴𝘪𝘨𝘯 𝘢𝘯𝘺𝘵𝘩𝘪𝘯𝘨 𝘺𝘰𝘶 𝘸𝘢𝘯𝘵. 𝘠𝘰𝘶 𝘨𝘦𝘵 𝘵𝘰 𝘥𝘦𝘴𝘪𝘨𝘯 𝘵𝘩𝘦 𝘴𝘰𝘤𝘪𝘢𝘭 𝘳𝘶𝘭𝘦𝘴, 𝘵𝘩𝘦 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘳𝘶𝘭𝘦𝘴, 𝘵𝘩𝘦 𝘨𝘰𝘷𝘦𝘳𝘯𝘮𝘦𝘯𝘵𝘢𝘭 𝘳𝘶𝘭𝘦𝘴. 𝘈𝘯𝘥 𝘵𝘩𝘰𝘴𝘦 𝘳𝘶𝘭𝘦𝘴 𝘢𝘳𝘦 𝘨𝘰𝘪𝘯𝘨 𝘵𝘰 𝘱𝘳𝘦𝘷𝘢𝘪𝘭 𝘧𝘰𝘳 𝘺𝘰𝘶𝘳 𝘭𝘪𝘧𝘦𝘵𝘪𝘮𝘦 𝘢𝘯𝘥 𝘺𝘰𝘶𝘳 𝘤𝘩𝘪𝘭𝘥𝘳𝘦𝘯’𝘴 𝘭𝘪𝘧𝘦𝘵𝘪𝘮𝘦 𝘢𝘯𝘥 𝘺𝘰𝘶𝘳 𝘨𝘳𝘢𝘯𝘥𝘤𝘩𝘪𝘭𝘥𝘳𝘦𝘯’𝘴 𝘭𝘪𝘧𝘦𝘵𝘪𝘮𝘦.
𝘉𝘶𝘵 𝘵𝘩𝘦𝘳𝘦 𝘪𝘴 𝘢 𝘤𝘢𝘵𝘤𝘩.
𝘠𝘰𝘶 𝘥𝘰𝘯’𝘵 𝘬𝘯𝘰𝘸 𝘸𝘩𝘦𝘵𝘩𝘦𝘳 𝘺𝘰𝘶’𝘳𝘦 𝘨𝘰𝘪𝘯𝘨 𝘵𝘰 𝘣𝘦 𝘣𝘰𝘳𝘯 𝘳𝘪𝘤𝘩 𝘰𝘳 𝘱𝘰𝘰𝘳, 𝘮𝘢𝘭𝘦 𝘰𝘳 𝘧𝘦𝘮𝘢𝘭𝘦, 𝘪𝘯𝘧𝘪𝘳𝘮 𝘰𝘳 𝘢𝘣𝘭𝘦-𝘣𝘰𝘥𝘪𝘦𝘥, 𝘪𝘯 𝘵𝘩𝘦 𝘜𝘯𝘪𝘵𝘦𝘥 𝘚𝘵𝘢𝘵𝘦𝘴 𝘰𝘳 𝘈𝘧𝘨𝘩𝘢𝘯𝘪𝘴𝘵𝘢𝘯.
𝘈𝘭𝘭 𝘺𝘰𝘶 𝘬𝘯𝘰𝘸 𝘪𝘴 𝘵𝘩𝘢𝘵 𝘺𝘰𝘶 𝘨𝘦𝘵 𝘵𝘰 𝘵𝘢𝘬𝘦 𝘰𝘯𝘦 𝘣𝘢𝘭𝘭 𝘰𝘶𝘵 𝘰𝘧 𝘢 𝘣𝘢𝘳𝘳𝘦𝘭 𝘸𝘪𝘵𝘩 5.8 𝘣𝘪𝘭𝘭𝘪𝘰𝘯 𝘣𝘢𝘭𝘭𝘴 𝘪𝘯 𝘪𝘵.
𝘈𝘯𝘥 𝘵𝘩𝘢𝘵’𝘴 𝘺𝘰𝘶. – Warren Buffett
As a general rule, the wilder the success, the more extreme and unlikely the circumstances that caused it. It’s often a combination of the right genes, the right connections, the right timing, and a thousand other influences that nobody is wise enough to predict. As outcomes become more extreme, the role of luck increases.
As Nassim Taleb wrote in Fooled by Randomness:
𝘔𝘪𝘭𝘥 𝘴𝘶𝘤𝘤𝘦𝘴𝘴 𝘤𝘢𝘯 𝘣𝘦 𝘦𝘹𝘱𝘭𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘣𝘺 𝘴𝘬𝘪𝘭𝘭𝘴 𝘢𝘯𝘥 𝘭𝘢𝘣𝘰𝘳. 𝘞𝘪𝘭𝘥 𝘴𝘶𝘤𝘤𝘦𝘴𝘴 𝘪𝘴 𝘢𝘵𝘵𝘳𝘪𝘣𝘶𝘵𝘢𝘣𝘭𝘦 𝘵𝘰 𝘷𝘢𝘳𝘪𝘢𝘯𝘤𝘦.
I have NO patience for people who hate on those who experience luck and opportunity or benefit from privilege, or variance. I also have NO patience for people who believe everything they have achieved is solely because of hard work and nothing to do with luck, privilege, or variance.
𝘛𝘩𝘦 𝘮𝘰𝘳𝘦 𝘭𝘰𝘤𝘢𝘭 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘢𝘳𝘪𝘴𝘰𝘯 𝘣𝘦𝘤𝘰𝘮𝘦𝘴, 𝘵𝘩𝘦 𝘮𝘰𝘳𝘦 𝘴𝘶𝘤𝘤𝘦𝘴𝘴 𝘪𝘴 𝘥𝘦𝘵𝘦𝘳𝘮𝘪𝘯𝘦𝘥 𝘣𝘺 𝘩𝘢𝘳𝘥 𝘸𝘰𝘳𝘬. 𝘞𝘩𝘦𝘯 𝘺𝘰𝘶 𝘤𝘰𝘮𝘱𝘢𝘳𝘦 𝘺𝘰𝘶𝘳𝘴𝘦𝘭𝘧 𝘵𝘰 𝘵𝘩𝘰𝘴𝘦 𝘸𝘩𝘰 𝘩𝘢𝘷𝘦 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦𝘥 𝘴𝘪𝘮𝘪𝘭𝘢𝘳 𝘭𝘦𝘷𝘦𝘭𝘴 𝘰𝘧 𝘭𝘶𝘤𝘬, 𝘵𝘩𝘦 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘤𝘦 𝘪𝘴 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘩𝘢𝘣𝘪𝘵𝘴 𝘢𝘯𝘥 𝘤𝘩𝘰𝘪𝘤𝘦𝘴.
𝘛𝘩𝘦𝘳𝘦’𝘴 𝘢𝘯 𝘪𝘯𝘤𝘳𝘦𝘥𝘪𝘣𝘭𝘦 𝘢𝘮𝘰𝘶𝘯𝘵 𝘰𝘧 𝘺𝘰𝘶𝘳 𝘭𝘪𝘧𝘦 𝘵𝘩𝘢𝘵 𝘺𝘰𝘶 𝘤𝘰𝘶𝘭𝘥𝘯’𝘵 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘢𝘯𝘥 𝘵𝘩𝘦𝘳𝘦𝘧𝘰𝘳𝘦 𝘤𝘢𝘯’𝘵 𝘵𝘢𝘬𝘦 𝘤𝘳𝘦𝘥𝘪𝘵 (𝘰𝘳 𝘣𝘭𝘢𝘮𝘦) 𝘧𝘰𝘳. 𝘛𝘩𝘦𝘳𝘦’𝘴 𝘢𝘭𝘴𝘰 𝘱𝘭𝘦𝘯𝘵𝘺 𝘰𝘧 𝘳𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘰𝘶𝘵 𝘵𝘩𝘦𝘳𝘦 𝘵𝘩𝘢𝘵 𝘴𝘩𝘰𝘸𝘴 𝘸𝘩𝘦𝘳𝘦 𝘺𝘰𝘶 𝘴𝘵𝘢𝘳𝘵 𝘪𝘯 𝘭𝘪𝘧𝘦 𝘩𝘢𝘴 𝘢𝘯 𝘪𝘯𝘤𝘳𝘦𝘥𝘪𝘣𝘭𝘺 𝘰𝘷𝘦𝘳𝘸𝘩𝘦𝘭𝘮𝘪𝘯𝘨 𝘢𝘧𝘧𝘦𝘤𝘵 𝘰𝘯 𝘸𝘩𝘦𝘳𝘦 𝘺𝘰𝘶 𝘦𝘯𝘥 𝘶𝘱 𝘪𝘯 𝘭𝘪𝘧𝘦. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘩𝘶𝘮𝘣𝘭𝘪𝘯𝘨 𝘢𝘯𝘥 𝘴𝘩𝘰𝘶𝘭𝘥 𝘣𝘦 𝘬𝘦𝘱𝘵 𝘵𝘰𝘱 𝘰𝘧 𝘮𝘪𝘯𝘥—𝘪𝘯 𝘰𝘶𝘳 𝘳𝘦𝘭𝘢𝘵𝘪𝘰𝘯𝘴𝘩𝘪𝘱 𝘸𝘪𝘵𝘩 𝘰𝘶𝘳𝘴𝘦𝘭𝘷𝘦𝘴 𝘢𝘯𝘥 𝘸𝘪𝘵𝘩 𝘰𝘵𝘩𝘦𝘳𝘴. – Kyle Kowalski – The “Ovarian Lottery”
𝘞𝘩𝘦𝘯 [𝘸𝘦] 𝘸𝘦𝘳𝘦 𝘣𝘰𝘳𝘯 𝘵𝘩𝘦 𝘰𝘥𝘥𝘴 𝘸𝘦𝘳𝘦 𝘰𝘷𝘦𝘳 30-𝘵𝘰-1 𝘢𝘨𝘢𝘪𝘯𝘴𝘵 𝘣𝘦𝘪𝘯𝘨 𝘣𝘰𝘳𝘯 𝘪𝘯 𝘵𝘩𝘦 𝘜𝘚. 𝘑𝘶𝘴𝘵 𝘸𝘪𝘯𝘯𝘪𝘯𝘨 𝘵𝘩𝘢𝘵 𝘱𝘰𝘳𝘵𝘪𝘰𝘯 𝘰𝘧 𝘵𝘩𝘦 𝘭𝘰𝘵𝘵𝘦𝘳𝘺, 𝘦𝘯𝘰𝘳𝘮𝘰𝘶𝘴 𝘱𝘭𝘶𝘴. 𝘞𝘩𝘦𝘯 𝘐 𝘸𝘢𝘴 𝘨𝘳𝘰𝘸𝘪𝘯𝘨 𝘶𝘱, 𝘸𝘰𝘮𝘦𝘯 𝘤𝘰𝘶𝘭𝘥 𝘣𝘦 𝘵𝘦𝘢𝘤𝘩𝘦𝘳𝘴 𝘰𝘳 𝘴𝘦𝘤𝘳𝘦𝘵𝘢𝘳𝘪𝘦𝘴 𝘰𝘳 𝘯𝘶𝘳𝘴𝘦𝘴, 𝘢𝘯𝘥 𝘵𝘩𝘢𝘵 𝘸𝘢𝘴 𝘢𝘣𝘰𝘶𝘵 𝘪𝘵. 𝘈𝘯𝘥 50 𝘱𝘦𝘳𝘤𝘦𝘯𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘵𝘢𝘭𝘦𝘯𝘵 𝘪𝘯 𝘵𝘩𝘦 𝘤𝘰𝘶𝘯𝘵𝘳𝘺 𝘸𝘢𝘴 𝘦𝘹𝘤𝘭𝘶𝘥𝘦𝘥 𝘧𝘳𝘰𝘮 𝘷𝘪𝘳𝘵𝘶𝘢𝘭𝘭𝘺 𝘢𝘭𝘭 𝘰𝘤𝘤𝘶𝘱𝘢𝘵𝘪𝘰𝘯𝘴. 𝘞𝘦 𝘸𝘰𝘯 𝘪𝘵 𝘱𝘢𝘳𝘵𝘪𝘢𝘭𝘭𝘺 𝘪𝘯 𝘵𝘩𝘦 𝘦𝘳𝘢 𝘪𝘯 𝘸𝘩𝘪𝘤𝘩 𝘸𝘦 𝘸𝘦𝘳𝘦 𝘣𝘰𝘳𝘯 𝘣𝘺 𝘣𝘦𝘪𝘯𝘨 𝘣𝘰𝘳𝘯 𝘮𝘢𝘭𝘦. 𝘞𝘦 𝘸𝘰𝘯 𝘪𝘵 𝘣𝘺 𝘣𝘦𝘪𝘯𝘨 𝘸𝘩𝘪𝘵𝘦. 𝘠𝘰𝘶 𝘬𝘯𝘰𝘸, 𝘯𝘰 𝘵𝘳𝘪𝘣𝘶𝘵𝘦 𝘵𝘰 𝘶𝘴, 𝘪𝘵 𝘫𝘶𝘴𝘵 𝘩𝘢𝘱𝘱𝘦𝘯𝘦𝘥 𝘵𝘩𝘢𝘵 𝘸𝘢𝘺. – Warren Buffett
𝘛𝘩𝘦 𝘵𝘳𝘪𝘤𝘬, 𝘪𝘵 𝘴𝘦𝘦𝘮𝘴 𝘵𝘰 𝘮𝘦, 𝘪𝘴 𝘵𝘰 𝘩𝘢𝘷𝘦 𝘴𝘰𝘮𝘦 𝘣𝘢𝘭𝘢𝘯𝘤𝘦 𝘵𝘩𝘢𝘵 𝘤𝘢𝘶𝘴𝘦𝘴 𝘵𝘩𝘦 𝘱𝘦𝘰𝘱𝘭𝘦 𝘸𝘩𝘰 𝘩𝘢𝘷𝘦 𝘵𝘩𝘦 𝘵𝘢𝘭𝘦𝘯𝘵𝘴 𝘵𝘩𝘢𝘵 𝘤𝘢𝘯 𝘱𝘳𝘰𝘥𝘶𝘤𝘦 𝘨𝘰𝘰𝘥𝘴 𝘵𝘩𝘢𝘵 𝘱𝘦𝘰𝘱𝘭𝘦 𝘸𝘢𝘯𝘵 𝘪𝘯 𝘢 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘰𝘤𝘪𝘦𝘵𝘺, 𝘵𝘰 𝘵𝘶𝘳𝘯 𝘵𝘩𝘦𝘮 𝘰𝘶𝘵 𝘪𝘯 𝘨𝘳𝘦𝘢𝘵 𝘲𝘶𝘢𝘯𝘵𝘪𝘵𝘺, 𝘢𝘯𝘥 𝘵𝘰 𝘬𝘦𝘦𝘱 𝘸𝘢𝘯𝘵𝘪𝘯𝘨 𝘵𝘰 𝘥𝘰 𝘪𝘵 𝘢𝘭𝘭 𝘵𝘩𝘦𝘪𝘳 𝘭𝘪𝘷𝘦𝘴, 𝘢𝘯𝘥 𝘢𝘵 𝘵𝘩𝘦 𝘴𝘢𝘮𝘦 𝘵𝘪𝘮𝘦 𝘵𝘢𝘬𝘦𝘴 𝘵𝘩𝘦 𝘱𝘦𝘰𝘱𝘭𝘦 𝘵𝘩𝘢𝘵 𝘭𝘰𝘴𝘵 𝘵𝘩𝘦 𝘭𝘰𝘵𝘵𝘦𝘳𝘺 𝘢𝘯𝘥 𝘮𝘢𝘬𝘦𝘴 𝘴𝘶𝘳𝘦 𝘵𝘩𝘢𝘵 𝘫𝘶𝘴𝘵 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘵𝘩𝘦𝘺, 𝘺𝘰𝘶 𝘬𝘯𝘰𝘸, 𝘰𝘯 𝘵𝘩𝘢𝘵 𝘰𝘯𝘦 𝘮𝘰𝘮𝘦𝘯𝘵 𝘪𝘯 𝘵𝘪𝘮𝘦 𝘵𝘩𝘦𝘺 𝘨𝘰𝘵 𝘵𝘩𝘦 𝘸𝘳𝘰𝘯𝘨 𝘵𝘪𝘤𝘬𝘦𝘵, 𝘥𝘰𝘯’𝘵 𝘭𝘪𝘷𝘦 𝘢 𝘭𝘪𝘧𝘦 𝘵𝘩𝘢𝘵’𝘴 𝘥𝘳𝘢𝘮𝘢𝘵𝘪𝘤𝘢𝘭𝘭𝘺 𝘸𝘰𝘳𝘴𝘦 𝘵𝘩𝘢𝘯 𝘵𝘩𝘦 𝘱𝘦𝘰𝘱𝘭𝘦 𝘵𝘩𝘢𝘵 𝘸𝘦𝘳𝘦 𝘭𝘶𝘤𝘬𝘪𝘦𝘳. – Warren Buffett
𝘛𝘩𝘦 𝘖𝘷𝘢𝘳𝘪𝘢𝘯 𝘓𝘰𝘵𝘵𝘦𝘳𝘺 𝘩𝘢𝘥 𝘤𝘰𝘮𝘦 𝘵𝘰 𝘴𝘩𝘢𝘱𝘦 𝘢𝘭𝘭 𝘰𝘧 𝘩𝘪𝘴 𝘰𝘱𝘪𝘯𝘪𝘰𝘯𝘴 𝘢𝘣𝘰𝘶𝘵 𝘱𝘰𝘭𝘪𝘵𝘪𝘤𝘴 𝘢𝘯𝘥 𝘱𝘩𝘪𝘭𝘢𝘯𝘵𝘩𝘳𝘰𝘱𝘺; 𝘉𝘶𝘧𝘧𝘦𝘵𝘵’𝘴 𝘪𝘥𝘦𝘢𝘭 𝘸𝘢𝘴 𝘢 𝘸𝘰𝘳𝘭𝘥 𝘪𝘯 𝘸𝘩𝘪𝘤𝘩 𝘸𝘪𝘯𝘯𝘦𝘳𝘴 𝘸𝘦𝘳𝘦 𝘧𝘳𝘦𝘦 𝘵𝘰 𝘴𝘵𝘳𝘪𝘷𝘦, 𝘣𝘶𝘵 𝘯𝘢𝘳𝘳𝘰𝘸𝘦𝘥 𝘵𝘩𝘦 𝘨𝘢𝘱 𝘣𝘺 𝘩𝘦𝘭𝘱𝘪𝘯𝘨 𝘵𝘩𝘦 𝘭𝘰𝘴𝘦𝘳𝘴. — The Snowball by Alice Schroeder
𝘈 𝘫𝘶𝘴𝘵 𝘴𝘰𝘤𝘪𝘦𝘵𝘺 𝘪𝘴 𝘣𝘢𝘴𝘦𝘥 𝘰𝘯 𝘱𝘳𝘪𝘯𝘤𝘪𝘱𝘭𝘦𝘴 𝘦𝘷𝘦𝘳𝘺𝘰𝘯𝘦 𝘸𝘰𝘶𝘭𝘥 𝘢𝘨𝘳𝘦𝘦 𝘵𝘰 𝘪𝘧 𝘪𝘮𝘱𝘢𝘳𝘵𝘪𝘢𝘭 𝘢𝘯𝘥 𝘪𝘧 𝘴𝘵𝘢𝘳𝘵𝘪𝘯𝘨 𝘧𝘳𝘰𝘮 𝘢𝘯 𝘰𝘳𝘪𝘨𝘪𝘯𝘢𝘭 𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯 𝘣𝘦𝘩𝘪𝘯𝘥 𝘢 ‘𝘷𝘦𝘪𝘭 𝘰𝘧 𝘪𝘨𝘯𝘰𝘳𝘢𝘯𝘤𝘦’ — 𝘯𝘰𝘵 𝘬𝘯𝘰𝘸𝘪𝘯𝘨 𝘸𝘩𝘰 𝘵𝘩𝘦𝘺 𝘸𝘰𝘶𝘭𝘥 𝘣𝘦 𝘰𝘳 𝘸𝘩𝘪𝘤𝘩 𝘴𝘪𝘥𝘦 𝘰𝘧 𝘢𝘯 𝘢𝘳𝘨𝘶𝘮𝘦𝘯𝘵 𝘵𝘩𝘦𝘺 𝘸𝘰𝘶𝘭𝘥 𝘣𝘦 𝘰𝘯. — Eric Rosenbaum paraphrasing John Rawls and Warren Buffett
John Rawls was an American political philosopher in the liberal tradition. His theory of political liberalism explores the legitimate use of political power in a democracy and envisions how civic unity might endure despite the diversity of worldviews that free institutions allow. His writings on the law of peoples set out a liberal foreign policy that aims to create a permanently peaceful and tolerant international order.
