The Deceptions of Luck

Being lucky or unlucky often is our own perception and outlook towards life.

If we survive a car accident, we consider ourselves lucky to be alive or to be unlucky to be involved in the accident in the first place, ruining our vehicle.

• One of the first preparations is to increase the odds of winning by participating in a bigger or better way. The logic is that if we don’t buy the lottery ticket, we are sure we won’t win the one million lottery prize, but if we buy one ticket, our odds of winning have now increased. If we buy more tickets, the odds are more in our favour.
• The law of truly large numbers takes the odds calculation to the extreme and increases the number of chances to win to such a degree that winning becomes inevitable. Example: By increasing the number of positions we apply to, we increase the odds of landing an interview and an eventual job offer.

• Being ready to seize an opportunity when it comes, able to see the links, networks, and relationships that others do not is one of the major factors to increase one’s own luck.
• Being a positive, outgoing person, getting exposed to new people and ideas, makes one’s mind prepared for opportunities for positive things to happen.

If the result is binary, like a flip of a coin or the stock market going up or down, we can work towards both the possibilities, and get into the playing field where we are in control of both the outcomes.