A Rising Tide Lifts All Boats, or Understanding Temporal Survivorship Bias

Advice comes in many forms: there’s good and bad, welcome and unwelcome, requested and thrust-upon, and the type that comes wrapped in small fortune cookies. However lately I’ve been noticing a lot of “advice” that is really just anecdotes phrased as advice. This is by no means new – I’m sure many of my fellow Millennials know the stereotype of a Boomer telling us “youngins” how he got a job “back in the day” – but when marketed well, this pseudo-advice becomes quite persuasive....

July 13, 2022 · 12 min · Sam Blumenthal