Why It’s Interesting
Survivorship bias leads to an erroneous understanding of cause and effect. People see correlation in mere coincidence.
Just as history is written by the winners, so is much of our knowledge about business. Success are lauded for decades, failures are largely ignored.
Don’t look just at what you can see. Consider all the things that started on the same path but didn’t make it.
If you’re going to do something, do it fully informed.