Apr 25, 2014

Survivorship Bias

Try to focus on whatever killed the dead guy, not on what didn't kill the survivor.

"A stupid decision that works out well becomes a brilliant decision in hindsight" --Daniel Kahneman

From the podcast of You Are Not So Smart:
"Despite how it may seem, success boils down to serially avoiding catastrophic failure while routinely absorbing manageable damage."

No comments:

Post a Comment