Audio available in app
The concept of "survivorship bias" distorts our view of success from "summary" of Fooled by Randomness by Nassim Nicholas Taleb
The concept of "survivorship bias" is a powerful force that distorts our perception of success. When we only focus on the winners, we tend to overlook the countless failures that also existed in the background. This creates a skewed perspective where we believe that success is solely a result of skill and talent, rather than luck and chance. In reality, success is often the product of random events and lucky breaks. Those who have achieved success may have simply been in the right place at the right time, rather than possessing some inherent quality that set them apart from others. By only looking at the survivors, we fail to see the full picture of how success is truly achieve...
Similar Posts
Create a vision for your future
Creating a vision for your future is a key aspect of finding your element. It involves imagining what you want your life to loo...
They do not avoid confrontation
Mentally strong individuals understand that avoiding confrontation doesn't make problems disappear. In fact, avoiding conflict ...
Emotional support is vital in the learning process
Emotional support plays a crucial role in the learning process. When students feel emotionally supported, they are more likely ...
Be willing to suffer for greatness
The path to greatness is not an easy one. It requires dedication, perseverance, and a willingness to endure suffering. Many peo...
Continuously strive for selfimprovement
The key to success is to always be looking for ways to improve yourself. No matter how successful you become, there is always r...
Cultivate strong relationships
To achieve great success in life, it is essential to cultivate strong relationships with others. Relationships are the cornerst...
Foster a sense of community and belonging
Creating a strong sense of community and belonging is essential for our overall well-being and happiness. We are social creatur...
Building a personal brand and defining your unique value proposition can set you apart
In a world where competition is fierce and opportunities are limited, it is crucial to stand out from the crowd. One way to do ...
Embrace challenges to learn and grow
When we face challenges, our mindset plays a crucial role in determining how we respond. Those with a growth mindset see challe...
Stay true to your values and beliefs
In our fast-paced world, it's easy to get swept up in the latest trends and lose sight of what truly matters to us. But staying...