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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...
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