Getting lucky isn't a plan.

One piece of flippant commentary that you’ll hear occasionally is that it’s “Better to be lucky than to be good.” On an individual level, it’s almost certainly true that being very lucky outperforms being quite good: I certainly know a number of folks who are financially successful after working at companies that succeeded, but where their direct impact was relatively small. Companies get lucky, too. This is true both in the sense that the door to acquisitions was much more attractive last decad...