> the whole premise here is that investor behavior prevents [survivorship] bias
WTF? How the heck is some "investor behavior" supposed to prevent you (or I, or anybody) from succumbing to a common human mistake made when analyzing data and discussing it here in the comments-section?
> You can't take the whole argument and then cast massive, glaring contradictions to the core premise as merely bias.
Back up: You're using a straw-man argument, a false version created out of black-and-white absolutes, rather than trends and high probabilities.
___________
Consider this fictional conversation:
A: "Playing the lottery is a sucker's game, you're almost guaranteed to go bankrupt."
B: "But look! These people bought a lot of tickets and won! They're multi-millionaires now!"
A: "That's survivorship bias. You're not considering the huge numbers of not-so-notable people who lost money instead."
B: "No it's a massive glaring contradiction to your core premise! You can't brush it off as bias!"
> the whole premise here is that investor behavior prevents [survivorship] bias
WTF? How the heck is some "investor behavior" supposed to prevent you (or I, or anybody) from succumbing to a common human mistake made when analyzing data and discussing it here in the comments-section?
> You can't take the whole argument and then cast massive, glaring contradictions to the core premise as merely bias.
Back up: You're using a straw-man argument, a false version created out of black-and-white absolutes, rather than trends and high probabilities.
___________
Consider this fictional conversation:
A: "Playing the lottery is a sucker's game, you're almost guaranteed to go bankrupt."
B: "But look! These people bought a lot of tickets and won! They're multi-millionaires now!"
A: "That's survivorship bias. You're not considering the huge numbers of not-so-notable people who lost money instead."
B: "No it's a massive glaring contradiction to your core premise! You can't brush it off as bias!"