#luck-vs-skill

#luck-vs-skill

Is it true that big money is just luck? My answer is somewhere in the middle. It's really hard to make it in business without luck, but if you bet only on luck, you've already lost. Look at crypto investors or day traders with their stories of sudden wealth. A guy invested his last money in a coin, it skyrocketed, and he made two hundred thousand in a week.

For David, the repeated failures hit particularly hard. 'I couldn't sleep,' he says. 'I would have dreams about flipping the nickel.' You end up feeling like you're in a simulation.