4 ms·
Sounds too much like confirmation bias [1]. I would be surprised if most businesses that failed did not become desperate at some point. [1] http://en.wikipedia
by felipemnoa 14y ago
Sounds too much like confirmation bias [1]. I would be surprised if most businesses that failed did not become desperate at some point.
[1] http://en.wikipedia.org/wiki/Confirmation_bias http://en.wikipedia.org/wiki/Confirmation_bias
- steve8918 14y agoI think another term that is appropriate is "Survivorship bias". That is, you always hear about the success stories, but you never hear about the failures, so you think that the chance of success is higher than it really is. http://en.wikipedia.org/wiki/Survivorship_bias http://en.wikipedia.org/wiki/Survivorship_bias