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 failures.
159
346 reads
CURATED FROM
IDEAS CURATED BY
For every question, there is an answer. For every problem, there is a solution. For everything else, there is an explanation.
The idea is part of this collection:
Learn more about problemsolving with this collection
How to set new goals
How to take action towards a new life
How to create a plan for change
Related collections
Similar ideas to Survivorship Bias
After reading Gates’ and Musk’s life stories, people seem to fall for the successful dropout myth , because if they can do it, why can’t you?
These stories might expose a fallacy in judgement because in reality, for one success story...
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...
We tend to overestimate the chances of success because success stories are more likely to be reported, while failure stories do not.
"Behind every popular author you can find a hundred other writers whose books never sell."
How to elude the survivorship bias?
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates