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friedman23 | 3 years ago
Why do you model life as a single bet where you have a 1 or 2% chance of winning? In reality you are making bets every day, each with a range of odds of succeeding and each success can produce a range of outcomes.
Look at poker, a game that has a massive "luck" component, people still consistently win.
Zircom|3 years ago
The amount of decisions you make in a game of poker vs the amount you make in a lifetime are not even remotely comparable. And unlike life, in poker there's no risk in making bad decisions during the game while you're still learning. Worst case scenario you just start a new game until you get the hang of it. Life is not like that. There's no practice run, and when you make what turns out to be the wrong decision it can follow you around for the rest of your life.
His point is that it's extremely possible, and in fact happens every day, that you can be a talented, hard worker who put in the same amount of hard work and time that someone else did, and make all the objectively correct choices, and the difference between the levels of success you both achieve can and will be huge.
friedman23|3 years ago
This is not true but will be at some point.
> And unlike life, in poker there's no risk in making bad decisions during the game while you're still learning
You haven't met most poker players, they almost all start playing with real money before they even have a clue. What make s poker a truly terrifying game is that you can win a lot while making all the wrong decisions and get hooked for life while being a terrible player.
> Worst case scenario you just start a new game until you get the hang of it. Life is not like that. There's no practice run, and when you make what turns out to be the wrong decision it can follow you around for the rest of your life.
Yes, there are many unfortunate people that have made life altering decisions while young and the decisions follow them forever. Thankfully not all failures in life hold such dire consequences, in fact some failures seem like the end of the world but in reality the consequences are not as big as you expect (eg getting fired from your first job or failing an exam).
actually_a_dog|3 years ago
WalterBright|3 years ago
1. stay in school
2. pay attention in school
3. go to college
4. don't do drugs
5. don't do crimes
This is a solid ticket for anyone wishing to get into the middle class.