The Luck Quotient isn’t just about engineering opportunity. It’s about surviving the attempts that don’t work…and having the self-awareness to extract the lesson from each one. The people with the highest LQ aren’t the ones who never failed. They’re the ones who failed most instructively.
16 US colleges now cost over $100k per year. 2/3 of Americans say a degree isn’t worth the price. And yet in wealthy zip codes the demand hasn’t budged. Because the diploma was never really about ROI. It’s about belonging. The cost of embarrassment of your golden child not participating stings more to a parent than writing a six figure tuition check. That’s a different ROI calculation entirely.
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Top cities by number of fastest growing cities (INC 5000) for 2026. Not metro areas
1. NYC: 219 companies
2. Austin: 124
3. Chicago: 110
4. Atlanta: 106
5. Los Angeles: 82
6. Miami: 78
7. San Francisco: 77
8. Dallas: 76
9. Houston: 71
10. San Diego: 54
Surprises?
Luck isn’t random. It’s what happens when discipline meets preparation and you’ve left the door open to opportunity. Engineer your luck. Make it a game…play and have fun.
Adaptability Quotient framework outlined here is incredible, in finance and really anything. First pod in a while I’ve felt compelled to text directly to people.
Latest podcast features Alec Litowitz, the Founder of Magnetar Capital and now the Founder and CIO of QStar Capital.
Alec is a tremendous investor and thinker on markets and the author of "The Adaptability Quotient", a book that details his framework for decision-making under uncertainty.
Our conversation covers a lot of ground!
Apple Podcast:
https://t.co/C5ZgfT14eq
Spotify:
https://t.co/SvCiLBBiNt
YouTube Video:
https://t.co/tUc72sEw8M
@brokencuffs Many such stories, most of which will never be memorialized in the internet archives. The war stories from the OGs still in the industry are the best ones.
@MrFamilyOffice Most likely miserable, but if allows you to have front seat on underwriting number of private investments + build network then could be worth the temporary pain for a few years