Tuesday, August 19, 2014  

[Survivorship bias...]

NDR has come and gone. One of the things our PM put across is how we do not need a degree to be successful.

I have a degree. I agree with what our PM said.

That said, there is an article in the local papers today about some people who made a name for themselves and they don’t have a degree. That’s nice for them, but people who read the article will probably be somewhat misled. Survivorship bias is at work here.

For every one such successful person highlighted, there are probably hundreds or even thousands more, in the same position who are not doing anywhere as well as the highlighted person. Not even close. They may be struggling along, trying hard to make ends meet.

Don’t be blinded by a few successful examples. Be aware of the reality on the ground.

^^^ by Locksley @ 4:49 PM. 0 comments.
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