# Notes on: Biondo, A. P. A. E., & Rapisarda, A. (2018): Talent vs luck: the role of randomness in success and failure

## Table of Contents

## Notation

- individuals
- denotes a
*talent*(e.g. intelligence, skills) for i-th individual - denotes a certain number of "moving events", someone lucky, someone unlucky
- and denotes the probabilities of lucky and unlucky, respectively
- denotes the number of individuals with talent with final sucess/capital
- denotes the increment in average percentage of talented people which, during their career, increase their initial capital / success wrt.

## Assumptions

- Talent is time-independent
- Event-points randomly move around the world