Weekend Conversations: Don't Bet on Exceptional Outcomes
Elevate with Robert Glazer
Navigating Survivorship Bias in Decision-Making
This chapter explores the implications of survivorship bias on leadership and decision-making, emphasizing the need for data-driven approaches. It highlights how leaders often overlook negative outcomes and the emotional tendencies that can cloud judgment, particularly in contexts like sports betting. By contrasting rational predictions with the allure of underdog outcomes, the discussion advocates for a more logical methodology to enhance success and mitigate risk.
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