What does the quote life is largely a matter of luck and fate mean?

The quote "life is largely a matter of luck and fate" suggests that many aspects of our lives are influenced by circumstances beyond our control. It implies that chance events and external factors play a significant role in shaping our experiences and opportunities. While personal effort and choices are important, this perspective highlights the unpredictability of life and the randomness that can impact our paths. Ultimately, it reflects a recognition of the limitations of individual agency in the face of life's uncertainties.