High Impact
Algorithm: Very High
Information Processing
Survivorship Bias
"Successful entrepreneurs dropped out of college, so dropping out guarantees success, right?"
What is Survivorship Bias?

Focusing on successful cases while ignoring failures. History's selective editor.

Real-World Impact

Creates unrealistic expectations, bad business advice, and explains why self-help books all sound so convincing.

Fun Fact

This bias got its name from WWII when researchers studied bullet holes in returning planes, not realising they should focus on where the missing planes were hit.

Random Insight

"Fun fact: You just fell for a bias discovered by psychologists who were probably biased themselves."