How Survivorship Bias Affects Our Idea Of Success.

Consider the following thoughts.

Simon Migaj — Pexels

Survivorship Bias

Nowadays, when someone achieves any success, it is turned into a way to make money. With an empty promise for results, many people try… But to no avail.

Silent Evidence

Just imagine the number of people we don’t hear from.

Reference Point Argument

Don’t just measure from a favorable point of view. Measure from a standpoint that considers the entire group that tried.

Concluding Thoughts

So why is our view on success wrong? We only look at successful results. We don’t consider all the ones that tried a similar method but failed. Remember that there are so many factors influencing the process.

UCLA Financial Actuarial Mathematics BS, Specialization in Computer Science

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store