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Survivorship bias is significant though, it's hard to notice—or even find and enumerate—all the people who may have lost money or given up earlier with a simila

• dominicrose 1y ago
  Exactly. History is written by the victors. I call them success stories (when they're not straight lies) but the word survivor is stronger and seems to indicate that the others don't survive. It's common knowledge that one shouldn't pay back a low-interest loan faster than is expected, because it's better to have liquidity or to invest. But it's real easy to look at the past and say "oh I could've invested in that". It's also very easy to look at success stories and forget that poverty is widespread and the poor don't talk about their misfortune. Video games are interesting because you can count how many times your character dies before you actually manage to finish the game.