Survivorship bias means this : people systematically overestimate their... - Deepstash
<p>Survivorship bias means thi...

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

90

1.32K reads

CURATED FROM

IDEAS CURATED BY

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

Similar ideas

Survivorship Bias

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?

  • Do the digg...

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.

Email

I agree to receive email updates