Survivor Bias on the Gridiron - Freakonomics Blog - NYTimes.com

Dubner brilliantly writes on the Survivorship Bias using sports as the example. It is good and thus I will include even though he has to bring up the Bills losing AGAIN.Survivor Bias on the Gridiron - Freakonomics Blog - NYTimes.com: "Over time, therefore, the DJIA reflects a different reality than many people presume. It is biased toward survivors — or, if you want to think of the concept more