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'Moneyball' and 'Big Short' author Michael Lewis says elite rich Americans often overlook these factors that are key to their success


Published on 2025-02-03 14:01:46 - MSN
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  • The American dream is based on the idea that if you work hard enough, you can achieve great success
  • and great wealth. Many people believe we live in a meritocracy, and they tend to put the super rich on a pedestal,

Michael Lewis, the author of "Moneyball" and "The Big Short," has highlighted in a recent interview that many elite, wealthy Americans often overlook the significant role that luck and timing play in their success. Lewis argues that while hard work, talent, and intelligence are crucial, the timing of one's entry into the market or a particular industry can be just as, if not more, important. He points out that many successful individuals attribute their achievements solely to personal merit, ignoring how external factors like economic cycles, technological advancements, or even random events have contributed to their fortunes. Lewis emphasizes the importance of recognizing these elements to foster a more nuanced understanding of success and to encourage a broader perspective on wealth accumulation and societal contributions.

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[ https://www.msn.com/en-us/money/other/moneyball-and-big-short-author-michael-lewis-says-elite-rich-americans-often-overlook-these-factors-that-are-key-to-their-success/ar-AA1ylpUV ]
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