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by mayneack
73 days ago
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That may or may not be true in aggregate, but for extreme outliers it's impossible to separate from survivorship bias. Are Musk and Andreeson really the most skilled entrepreneurs in the world or are they just good enough for luck to propel them to stratospheric success? |
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I feel like they will never suffer the consequences of their actions in any negative way should they get it wrong.
Rarely do we see billionaires not become billionaires because they know how the game is played because they shaped the game so they only ever fail upwards.