Survivorship bias

While success stories are motivating, they could lead to a false belief that success is more controllable and predictable than it is.

• The common traits of successful people and organisations are ubiquitous. These same traits may be equally present in the less success...

We tend to be interested in the success stories of many. We love the encouragement it provides us, but we often overlook the fact that most of these success stories have undergone through many failures.

Survivorship bias is when we concentrate on the peopl...

Survivorship bias is a logical error that twists our understanding of the world and leads to a wrong understanding of cause and effect.

We fall into survivorship bias when we assume that success stories tell the entire story of a product/business, while we don't properly consider past fail...