I’m not dismissing the need for effort and persistence. Those who worked their way up from the bottom, who didn’t have the advantages I had, need effort and persistence even more than I did. I also acknowledge that, to a certain extent, you make your own luck and create your own opportunities. But only to a certain extent. You also need pure luck. As Barack Obama said in a postpresidential interview with David Letterman, “I worked hard and I’ve got some talent, but there are a lot of hardworking, talented people out there. There was an element of chance to it, this element of serendipity.”