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Why You Should Visit Cemeteries

On your journey to success, it's easy to look at the successful person and judge how easy success is. But you don't consider the fact that thousands of people just like you are also persuing the same thing. How many of them actually made it till the end?

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In daily life, because triumph is made more visible than failure, you systematically overestimate your chances of succeeding. As an outsider, you succumb to an illusion, and you mistake how minuscule the probability of success really is

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Survivorship bias means this : people systematically overestimate their chances of success. Guard against it by frequently visiting the graves of once-promising projects, investments and careers.

It's a sad walk, but one that should clear your mind

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The media is not interested in digging around in the graveyards of the unsuccessful. Nor is this it's job. To elude the Survivorship bias, you must do the digging yourself.

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Be it a musician, a writer, or anything you aspire to become, you will only come accross the names of people who succeeded in their lives. But you'll never come across the burial grounds which houses 10,000 times more aspirants who couldn't make it to the finish line.

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CURATED FROM

The Art of Thinking Clearly

by Rolf Dobelli

5 ideas

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IDEAS CURATED BY

kaus2bh

@kaus2bh

Rolf Dobelli talks here about Survivorship Bias, how it affects our decision making and actual percentage of success.

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Why You Should Visit Cemeteries

The Art of Thinking Clearly

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