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Our perception of success and failure is often distorted by randomness from "summary" of Fooled by Randomness by Nassim Nicholas Taleb
Our minds have a tendency to oversimplify and misinterpret the outcomes of our actions. We often attribute success or failure solely to our own skills and efforts, ignoring the role that randomness plays in shaping our results. This leads us to believe that we have more control over our destinies than we actually do. In reality, luck and chance play a significant role in determining the outcomes of our endeavors. When we experience success, we are quick to attribute it to our skills and intelligence. We see ourselves as deserving of the positive outcome, failing to acknowledge the role that randomness played in our success. This can lead to overconfidence and a false sense of security, as we believe that our triumphs are solely the result of our abilities. Conversely, when we face failure, we tend to blame external factors or bad luck. We refuse to accept that randomness may have played a part in our misfortune, instead choosing to attribute it to factors beyond our control. This can lead to feelings of inadequacy and self-doubt, as we struggle to make sense of our perceived failures. By recognizing the role that randomness plays in shaping our outcomes, we can gain a more accurate understanding of success and failure. We must learn to accept that luck plays a significant role in our lives, and that our actions are just one of many factors that influence our results. This realization can help us approach our endeavors with humility and a greater appreciation for the role that chance plays in shaping our destinies.
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