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by rdtsc
3642 days ago
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> Unlike the lottery, knowledge and skill play a role here. True, but that's not quite the analogy I was going for, the analogy was how survivorship bias is used in both cases for promoting the idea-- everyone picks the winners and remembers / tells / markets those while disregardign the losers. I do it too, it is just a natural human tendency. In both cases, if every time someone heard about a successful startup they also heard about many failed ones, they might have a different perspective. |
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