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April 21, 2017

#1827: Survivorship Bias explain

Survivorship Bias

[Hairy, holding an arm out towards an unseen crowd, is standing on a podium with five large bags around him, each having a dollar sign on it.]

Hairy: Never stop buying lottery tickets, no matter what anyone tells you.

Hairy: I failed again and again, but I never gave up. I took extra jobs and poured the money into tickets.

Hairy: And here I am, proof that if you put in the time, it pays off!

[Caption below the panel:]

Every inspirational speech by someone successful should have to start with a disclaimer about survivorship bias.