I had read about Warren Buffett’s “Ovarian Lottery” before, but a reminder always helps.
Here’s the meat of it, for those of you who don’t want to click on the link -
It’s 24 hours before your birth, and a genie appears to you. He tells you that you can set the rules for the world you’re about to enter — economic, social, political — the whole enchilada. Sounds great, right? What’s the catch?
Before you enter the world, you will pick one ball from a barrel of 6.8 billion (the number of people on the planet). That ball will determine your gender, race, nationality, natural abilities, and health — whether you are born rich or poor, sick or able-bodied, brilliant or below average, American or Zimbabwean.
This is what Buffett calls the ovarian lottery. As he explained to a group of University of Florida students, “You’re going to get one ball out of there, and that is the most important thing that’s ever going to happen to you in your life.”
According to the world’s third-richest man, that’s a good perspective to have when setting the rules for our world. We should be designing a society that, as Buffett says, “doesn’t leave behind someone who accidentally got the wrong ball and is not well-wired for this particular system.” He points out that he is designed for the American system — and he was lucky to be born into it. He can allocate capital, and he lives in a place and at a time when those skills are well rewarded. (His pal Bill Gates is quick to point out that if Buffett had been born in an earlier time, he’d be some animal’s lunch because the Oracle of Omaha can’t run fast or climb trees.)
When Buffett talks about this lottery, he often concludes by asking:
If you could put your ball back, and they took out, at random, a hundred other balls, and you had to pick one of those, would you put your ball back in? Now, of those hundred balls … roughly five of them will be American. … Half of them are going to be below-average intelligence, half will be above. Do you want to put your ball back? Most of you, I think, will not. … What you’re saying is, “I’m in the luckiest 1% of the world right now.”
Everything’s about perspective. Whenever I think I have it rough, I think about if I would trade it for one of those hundred other balls, and things don’t look so bad. Especially today, Black April. It’s the anniversary of the Fall of Saigon, when America pulled out of the Vietnam War, a defining moment for three generations of my family. I think of all that my parents and grandparents did to give me a better pick in the lottery than what they had drawn, and I wonder if I’ll be able to do the same for the next generation.
Posted by Dinh at 7:44 pm on April 30th, 2010.
Categories: Family, Money, Politics. Tags: America, Family, Viet, Will N.

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@thupac @pegsie Not Heroes fans?

@thupac I’m not a hardcore fan. Watched random episodes, but didn’t follow any of the series.

@pegsie You didn’t miss much. Explosions and happy times.

@pegsie Hahaha. I’m sure Leonard Nimoy appreciates your sentiments.

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Posted by Dinh at 11:10 pm on May 11th, 2009.
Categories: Life, the Universe, and Everything. Tags: Archives, Dinhternet, Downloads, Facebook, fresh, google reader, Law, Politics, Twitter, Viet, Work.
I just crossed #66 off my bucket list. Well, I didn’t call it that at the time, but I suppose that it is the accepted nomenclature now, so that’s what I’ll use. Just in case you are too lazy to click through or have troubled with numbered lists, #66 was a hot air balloon ride. Since my dad’s, Dong Ha’s, and my birthdays are bunched up together near Mother’s Day, we usually do something nice together as a family. (And jokingly call it the “Everyone But Gio Linh Party.”)
Since my parents will be moving away this summer and I’m not sure we’ll be able to do this in the future, I wanted to do something special this time; preferably something highlighting California awesomeness for them to remember when they are in Minnesota. At first, my sisters and I planned on a wine tour in Napa, since the scenery is awesome and my parents enjoy wine. We checked out reviews on the best vineyards to visit and photographers in the area who do outdoor portraits. Also looked into the Wine Train, since dad does love trains.
But then I found something even better… a deal on a hot air balloon ride over Napa Valley! At first, both sisters were apprehensive. (I did not realize Dong Ha has a fear of heights!) But I bit the bullet and booked us anyway, since it would be a once-in-a-lifetime experience.
Man, was I right to do so! The flight was awesome. And that’s despite having to wake up at 3 to get to Napa slightly before dawn. Our pilot was really funny and entertaining, and our balloon was first up and (almost) last down. The scenery was amazing! And we had quite an adventure at the end as we almost landed on a church and then almost some trees as we were trying to land.
Afterwards, Dad said he loved it and compared it to riding a motorcycle in the sky. I mentioned that I was excited that I could cross something off my bucket list now, and Dong Ha said it was on hers, too. (Gio Linh says she hasn’t made a bucket list yet, but I’m sure it would have been on there for her to cross off now.) Mommy didn’t know what a bucket list was, but basically described the same thing in Viet, so consider it crossed off her list, too. Score! The post title may be a bit eerie or morbid, but it is quite fitting.
I highly recommend the experience to everyone. And if you are scared, don’t be. Dong Ha said she was scared of falling, but the basket is four feet high, so you’d have to be actively trying to fall overboard. There is absolutely no risk if you are just standing around. Also, there was no motion-sickness, either. The baskets do not sway in the wind at all, and the sensation of going up and down is lighter than it is in an elevator.
Posted by Dinh at 4:27 pm on May 9th, 2009.
Categories: Family, Life, the Universe, and Everything. Tags: Dinhternet, Dong Ha, Family, Gio Linh, Viet.