Opportunistic Outsourcing 7th Post: Survivorship Bias
When you focus too heavily on the “survivors” of a given group, you tend to ignore essential qualities about the rest of the population. Take entrepreneurship; we tend to gravitate toward the most successful entrepreneurs in the world when we study examples. Richard Branson, Bill Gates, and Mark Zuckerberg all dropped out of school; learning about them, many people conclude that you don’t necessarily need a college education to succeed.