Dravid might have read Taleb

In yesterday’s post-match ceremony, Ramiz Raja complimented Rahul Dravid for his excellent captaincy. To which Dravid replied “well, I’ve done the same thing that I did in the previous games. Nothing special. You are complimenting me only because we won”. Honest stuff. Rather than simply taking the credit that was offered to him on a platter, he gives what I think is a rational explanation. Rather, I think if he had said “yeah I captained well today so we won” people would’ve said “you lost the last five games because you DIDN’T captain well”. So the way he handled it also helped him take the blame off his captaincy.

Then he goes on to say, “I think luck plays a big part in these games. In every game, you do the same things. Sometimes you win and sometimes you don’t. Today luck was with us so we won” or something to that effect. Read this article by Amit Varma for related stuff..

Where does Nassim Taleb fit into all this? In Fooled by Randomness, he talks about exactly the same problem. I think he uses the example of CEO pay (I’m not sure). And goes on to say exactly what Dravid said – that two people might do exactly the same thing but one guy will turn out to be luckier and he’ll end up being hailed as a significantly better leader. That a small change in luck can have a huge impact on the career

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