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Luck Favors the Prepared and Persistent

James Altucher‘s latest blog post “The Ultimate Cheat Sheet for Mastery” is worth a read if you want to know what it takes to truly master something. An excerpt:

At some point you have to cook 10,000 meals. Or play a million hands of poker. Or 1000s of games of chess. Or start 20 businesses.

Very few are successful right away. That would require too much luck and luck favors the prepared and the persistent.

In those 1000s of whatever you will encounter much failure. We all know that the best baseball players in the world are enormous successes if they strike out “only” 70% of the time.

When my dad died I went to his house and logged onto this chess account. I saw that he played about 30,000 games. He never got any better.

A lot of people can play the 10,000 hands of poker and never get better. Or bake 1000 cakes and never get better.

You have to remember your experiences, study your failures, try to note what you did right and what you did wrong, and remember them for future experiences.

Will future experiences be exactly like the old experiences? Almost never.

But you have to have the ability to say “Hmm, this is like the time four years ago when X, Y, and Z happened.”

Read entire article here. Good job James.


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Ep. 80: Robert Greene Interview with Michael Covel on Trend Following Radio

Robert Greene
Robert Greene

My guest today is Robert Greene, the bestselling author of the classic book, “The 48 Laws of Power”, in addition to other bestsellers such as “The Art of Seduction”, “The 33 Strategies of War”, and “The 50th Law” with musician and entrepreneur, 50 Cent.

The topic is his book Mastery.

In this episode of Trend Following Radio we discuss:

  • The influence “The 48 Laws of Power” had on Covel’s own writing
  • Using the 48 Laws as a defense strategy rather than as a cutthroat offense
  • Some of Greene’s early influences that led him into his writing career
  • Using Zen Buddhism and meditation as a tool to gain perspective and focus
  • The importance of using your unique life experiences in your career to create an irreplaceable style
  • Embracing opportunity

Listen to this episode:

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