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 Originally Posted by OngBonga
How does "running good" work? How that that analogy from poker work in the real word of business?
In poker, as you point out, there are millions of hands over a career. Well, how many "decisions" does a business owner face in his career? It's like you're saying a business is a single game of poker. It's not. It's a career.
So "running good" doesn't really cut it except for the most ludicrously lucky people, of which, granted, Trump could be one of. But the probability is ludicrously low.
I probably agree. Lifetime business success across many fields is probably dynamic enough that ain't nobody who makes it runs good.
If we say "what does it take to become a billionaire?" or "what does it take to become the president?", those distributions are probably fat-tailed. But the situation we're dealing with is far more dynamic and complex than those questions.
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