Survivorship bias refers to our tendency to focus... - Deepstash
Top 7 books for Product Managers

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Top 7 books for Product Managers

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<b>Survivorship bias</b> refer...

Survivorship bias refers to our tendency to focus on the winners while completely forgetting about the losers who are employing the same strategy.

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Loss aversion refers to our tendency to strongly prefer avoiding losses over acquiring gains.

189

689 reads

<p><b>Confirmation bias  </b>r...

Confirmation bias  refers to our tendency to search for and favor information that confirms our beliefs.

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744 reads

<p><b>Availability Heuristic</...

Availability Heuristic appears when we assume that the examples coming to mind easily are the most prevalent.

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I learn how to love myself

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Survivorship Bias

It's our tendency to concentrate on the people who end up winning  —the survivors—and mistakenly assume that ambitious goals led to their success while removing from pur view all of the people who had the same objective but didn’t succeed.

When you solely focus on success, survivorsh...

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...

Present your ideas inclusively

Disagreements can create an “us versus them” mentality with clear winners and losers.

A better approach is to ditch the entire notion of winners and losers. Instead, you’re both on the same team working toward a better solution

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