Anywhere we can find math and machines to displace human judgment, we like to invest.
Unlucky people often fail to follow their intuition when making a choice, whereas lucky people tend to respect hunches. Lucky people are interested in how they both think and feel about the various options, rather than simply looking at the rational side of the situation. I think this helps them because gut feelings act as an alarm bell - a reason to consider a decision carefully.
Unlucky people tend to be creatures of routine. They tend to take the same route to and from work and talk to the same types of people at parties. In contrast, many lucky people try to introduce variety into their lives. For example, one person described how he thought of a colour before arriving at a party and then introduced himself to people wearing that colour. This kind of behaviour boosts the likelihood of chance opportunities by introducing variety.
Lucky people tend to see the positive side of their ill fortune. They imagine how things could have been worse. In one interview, a lucky volunteer arrived with his leg in a plaster cast and described how he had fallen down a flight of stairs. I asked him whether he still felt lucky and he cheerfully explained that he felt luckier than before. As he pointed out, he could have broken his neck.
You can learn to be lucky.
THE BARBELL STRATEGY
Nassim Taleb popularized this idea in his book, Antifragile.
"One of its applications is in his definition of the most effective (that is, least fragile) risk management approach: what he calls the ‘barbell’ strategy which is based on avoiding the middle in favor of linear combination of extremes, across all domains from politics to economics to one’s personal life. These are deemed by Taleb to be more robust to estimation errors. For instance, he suggests that investing money in ‘medium risk’ investments is pointless because risk is difficult if not impossible to compute. His preferred strategy is to be both hyper-conservative and hyper-aggressive at the same time. For example, an investor might put 80 to 90% of their money in extremely safe instruments, such as treasury bills, with the remainder going into highly risky and diversified speculative bets. An alternative suggestion is to engage in highly speculative bets with a limited downside. He asserts that by adopting these strategies a portfolio can be "robust", that is, gain a positive exposure to black swan events while limiting losses suffered by such random events." -Wikipedia
More reasons Stellar is really, really interesting
But also very, very interesting how they’re compensating employees:
"As of July 31, 2014, approximately 2.5% of the stellars have been granted to employees and consultants of the Foundation under a 4-year vesting schedule, meaning 0.625% of the initial 100 billion stellar endowment of the nonprofit will be earned by employees and consultants working at the Foundation each year until the total 2.5% is earned in 2018."
So they’re establishing a new store of value & currency (stellars), and in the initial establishing grant, setting aside some for early compensation of people involved in creating it and making it more valuable — in other words, they’re creating a self-funding mechanism that is wholly aligned with the value of the currency.
Also very interesting how they funded it:
The Foundation received a loan of $3,000,000 from Stripe which was subsequently repaid with 2% of the stellars. The Foundation is allowed to use up to 5% of the initial stellars to fund operations (including the loan repayment).