Are self deprecating types the most successful?

despite what people say about financiers being arrogant etc, atleast when interacting I see quite a lot of senior people are self-deprecating, trying to throw away the spotlinght from themselves etc (eg:

2:33 in the video when Hugh Laurie talks about his knighthood). Just a common theme I saw. Do you agree? Ofcourse, being in Europe, I am speaking more from the perspective here, not sure if same in US!
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