Lucky vs. Repeatable

This podcast episode explores the difference between luck and repeatability in success. The author emphasizes the importance of distinguishing between luck that is repeatable, which is the result of skill and hard work, and luck that is not repeatable, which is the result of uncontrollable factors. They use the example of Jeff Bezos to illustrate this point, highlighting that while luck played a role in his success, it would be difficult to replicate his achievements today due to changing market conditions. The episode also discusses the concept of distinguishing between repeatable and non-repeatable success, as well as the importance of identifying repeatable lessons from historical events and successful individuals.