[Quick guide] Survivorship bias: How success stories can be misleading?

Survivorship bias: how success stories can be misleading?

What is survivorship bias? Have you ever wondered why people are hyped up by the success stories of internet gurus? If we aren't alert, we could easily fall prey to their "success stories" and get sold on their ideas or products. By understanding what survivorship bias is, we would be better prepared to make well-informed decisions.