How to Money · Friday, July 10, 2026
Warren Buffett himself acknowledges that a significant part of his success is due to winning the 'ovarian lottery' – being born in the right time and place (post-WWII US) with a unique set of skills suited for business and investing. While hard work is a major factor, he recognizes the role of luck and circumstance in his extraordinary financial achievements.
“He readily admitted that had he been born in a different country, in a different era that valued different things like physical strength, for instance, that he likely wouldn't have fared nearly as well as he did being born here in the US.”
“Warren Buffett. He called this winning the Ovarian lottery, that because he happened to possess a unique set of skills that lent themselves to the creation and the acquisition of businesses over the past century.”
“America would have done fine without Berkshire, which is his company, Berkshire Hathaway, but the reverse is not true.”