All right I want to welcome everyone back to part three of this reading of zero to one by Peter Teal with Blake Masters

So far we've read the preface, 0 to 1, chapter 1, the challenge of the future,

chapter 2, party like it's 1999, chapter 3, all happy companies are different.

Chapter 4, the ideology of competition.

Chapter 5, last mover advantage.

And I am going to jump right into Chapter 6, you are not a lottery ticket.

Here we go.

The most contentious question in business is whether success comes from luck or skill.

What do successful people say?

Malcolm Glidewell, a successful author who writes about successful people, declares

an outliers that success results from a patchwork of lucky

breaks and arbitrary advantages. Warren Buffett famously considers himself a

member of the Lucky Sperm Club and a winner of the ovarian lottery.

Jeff Bezos attributes Amazon's success to an incredible planetary alignment and jokes

that it was half luck, half good timing, and the rest brains.

Bill Gates even goes so far as to claim that he was lucky to be born with certain skills,

though it's not clear whether that's actually possible. Let me stop right here. Some people

have commented saying, I know how Bill Gates got windows. I know what Jeff Bezos did. Do you understand that if he puts that in here

he's up for slander and libel? Okay? Stop trying to be the smartest guy in the room

because most of the people who make those comments aren't.

All right? Just try to learn something.

Perhaps these guys are being strategically humble. However, the phenomenon of serial

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