Money and Finance
Rolf Dobelli quote (survivorship bias)
“Survivorship bias can become especially pernicious when you become a member of the “winning” team. Even if your success stems from pure coincidence, you’ll discover similarities with other winners and be tempted to mark these as “success factors.” However, if you ever visit the graveyard of failed individuals and companies, you will realize that its tenants possessed many of the same traits that characterize your success.” –Rolf Dobelli, The Art of Thinking Clearly
-
What Drives Success? – By Amy Chua And Jed Rubenfeld
Link to article: What Drives Success?A SEEMINGLY un-American fact about America today is that for some groups, much more than others, upward mobility and the American dream are alive and well. It may be taboo to say it, but certain ethnic, religious and...
-
Nassim Taleb Withdraws Endorsement Of Rolf Dobelli
Withdrawal of endorsements/testimonials and apologies to my readers: I owe my readers an apology for endorsing a man based on limited information. I have known Dobelli for a while and never read him as his work was in German. I was under the impression...
-
News Is Bad For You – And Giving Up Reading It Will Make You Happier – By Rolf Dobelli
News is bad for your health. It leads to fear and aggression, and hinders your creativity and ability to think deeply. The solution? Stop consuming it altogether …………….. Related previous posts: Avoid News: Towards a Healthy News Diet - By Rolf...
-
The Road To Business Success: A Talk To Young Men - By Andrew Carnegie (june 1885)
Let me indicate two or three conditions essential to success. Do not be afraid that I am going to moralize, or inflict a homily upon you. I speak upon the subject only from the view of a man of the world, desirous of aiding you to ...
-
Was Harry Potter Inevitable? - Michael Mauboussin
Our society often associates success with quality. In a fiercely competitive market, the thinking goes, only the best products rise to the surface. Once a product is a hit, whether a blockbuster movie or a bestselling book, we readily point to the attributes...
Money and Finance