Slouching Towards Oblivion

Showing posts with label success vs failure. Show all posts
Showing posts with label success vs failure. Show all posts

Friday, April 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."