5 ms·
Survivorship bias is the norm in any system with high variance and a low success rate. I would say that arguing against the phenomenon is by far the more out th
by rurp 2y ago
Survivorship bias is the norm in any system with high variance and a low success rate. I would say that arguing against the phenomenon is by far the more out there position.
A analgous statement like, "There are actors with world class talent who never became successful" is one that pretty much everyone would intuitively agree with, outside of maybe an internet agrument. Whether or not I can come up with some talented obscure actors on the fly doesn't disprove the statement.
- password54321 2y agoGod exists. I can't show you God. But believe me God definitely exists. Also low success rate comes from the fact that most of these games are asset flips. But we can conveniently ignore that fact so we can believe in the imaginary.