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So, there's signal and then there's noise, right? Successful people do know things about success. But they have various biases -- hindsight bias, selection bias
by cwyers 10y ago
So, there's signal and then there's noise, right? Successful people do know things about success. But they have various biases -- hindsight bias, selection bias, etc. -- that add noise to what they know. So yeah, "listen, but be more skeptical" I think is the right approach. And one thing I think (but I could be wrong!) is a thing to listen for is successful people who acknowledge their good fortune. It speaks to a self-awareness that suggests they may understand their success more than someone who isn't aware of their biases.