Survivorship Bias – How You Are Easily Fooled by Success Stories

10shares Survivorship bias is a tendency to get carried away by a rare success story without considering similar examples of failure. “Many of the successful people dropped out of college and started their own company.” How does the statement sound? Doesn’t it seem like the few people who dropped out of college, go on to … Continue reading Survivorship Bias – How You Are Easily Fooled by Success Stories