Success and Luck
Good Fortune and the Myth of Meritocracy
Robert H. Frank
From
How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same...
Dax mentioned that he was reading a disheartening book titled "The Myth of Meritocracy" and noted that it sounded like a bummer.
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I'm reading a very disheartening book called the myth of meritocracy.
— Episode: Craig Ferguson
Episode: Craig Ferguson
Dax mentioned that he was reading a disheartening book titled "The Myth of Meritocracy" and noted that it sounded like a bummer.
"
I'm reading a very disheartening book called the myth of meritocracy.
I think that's the title.
It's a bummer.
Episode: Craig Ferguson
They said they were reading a disheartening book titled The Myth of Meritocracy and expressed dislike for it, noting it did not resemble a James Patterson work.
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I'm reading a very disheartening book called The Myth of Meritocracy. I think that's the title. It's about meritocracy. I get it. I don't like reading it at all. I'm like, this does not sound like James Patterson at all.
The book, Success and Luck, was mentioned as a book that was written by an economist, Robert Frank, and discussed the fact that people who get into Harvard may think they earned it but underestimate the factors that played a role in their success.
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So Mike, there's an economist named Robert Frank, and he wrote a book called Success and Luck, Good Fortune and the Myth of Meritocracy. And I would say the through line in a lot of these arguments, i...
— Episode: 181. What’s So Great About Meritocracy?
Episode: 181. What’s So Great About Meritocracy?
The book, Success and Luck, was mentioned as a book that was written by an economist, Robert Frank, and discussed the fact that people who get into Harvard may think they earned it but underestimate the factors that played a role in their success.
"
So Mike, there's an economist named Robert Frank, and he wrote a book called Success and Luck, Good Fortune and the Myth of Meritocracy. And I would say the through line in a lot of these arguments, including Sandell's, is that when you get into Harvard, you think you earned it.
It was discussed that people tend to overlook the role of luck in their success and that luck plays a bigger role than most people think. It was also discussed how the role of luck has increased in recent decades due to technological advances.
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People were just kind of bad as humans in estimating what is attributable to luck, what luck even is. We're not really sure a lot of the time.
— Episode: 525: Robert H. Frank | The Myth of Merit...
Episode: 525: Robert H. Frank | The Myth of Meritocracy
It was discussed that people tend to overlook the role of luck in their success and that luck plays a bigger role than most people think. It was also discussed how the role of luck has increased in recent decades due to technological advances.
"
People were just kind of bad as humans in estimating what is attributable to luck, what luck even is. We're not really sure a lot of the time.
One of the themes in my book is that people tend to overlook the importance of chance events in life.
Luck is not a subject you can mention in the presence of self-made men that so seemed to capture the difficulty of people comprehending.
It was luck is not a subject you can mention in the presence of self-made men that so seemed to capture the difficulty of people comprehending.
It's more and more the case that the most talented contestant will not be the winner of contests like these. It will almost always be somebody who is almost as talented and hard working but was a lot luckier.
Episode: 209: How to Trick Your Teenager into Following Goo...
It was mentioned as a true life story of John Paul DeJoria, who co-founded Paul Mitchell hair products and Patron Tequila, described as a crazy and fun entrepreneur story.
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we also watched Good Fortune which is the true life story of the billionaire and philanthropist John Paul DeGioria who founded co-founded Paul Mitchell hair products and Patron Tequila really interesting guy really sort of crazy fun entrepreneur story
I have seen Good Fortune I thought it was a fantastic documentary I really like this guy a lot so it is definitely well worth a watch
Episode: 525: Robert H. Frank | The Myth of Meritocracy
It was discussed that people tend to overlook the importance of chance events in their lives, especially when it comes to success. The book explores how luck plays a significant role, alongside talent and hard work, in achieving success.
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One of the themes in my book is that people tend to overlook the importance of chance events in life.
Luck is not a subject you can mention in the presence of self-made men.
It was luck is not a subject you can mention in the presence of self-made men that so seemed to capture the difficulty of people comprehending.
We see this in the availability heuristic where it's essentially a cognitive shortcut that causes us to estimate that an outcome is based on how readily we can remember something.
People who are self-made, so-called self-made, just hate acknowledging the role of luck in their lives and in their success.
Episode: 209: How to Trick Your Teenager into Following Goo...
It was mentioned as a true life story of John Paul DeJoria, the billionaire who co-founded Paul Mitchell and Patron Tequila, described as a crazy fun entrepreneur story.
"
we also watched Good Fortune which is the true life story of the billionaire and philanthropist John Paul DeGioria who founded co-founded Paul Mitchell hair products and Patron Tequila really interesting guy really sort of crazy fun entrepreneur story
I have seen Good Fortune I thought it was a fantastic documentary I really like this guy a lot so it is definitely well worth a watch
Note: The book recommendations on this page are discovered automatically from podcast transcripts, and may be incorrect or incomplete.
