On Survivorship Bias In Business - FourWeekMBA

Por um escritor misterioso
Last updated 19 março 2025
On Survivorship Bias In Business - FourWeekMBA
Survivorship bias is a pervasive fallacy that exists in business, where people focus on the few survived players, in any given market, without realizing that most initial players in that given market are dead, or went into oblivion. In short, survivorship bias transforms the past into a linear story, by removing uncertainty from it.
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