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25: Survivorship Bias: 6 Reasons We Misinterpret Success And Misunderstand Reality

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Manage episode 214367598 series 2135788
Content provided by KARL-MIKAEL SYDING and LUDVIG SUNSTRÖM, KARL-MIKAEL SYDING, and LUDVIG SUNSTRÖM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KARL-MIKAEL SYDING and LUDVIG SUNSTRÖM, KARL-MIKAEL SYDING, and LUDVIG SUNSTRÖM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In Survivorship Bias we go over 6 practical tips:

(1) Remind yourself of the concept of Survivorship Bias. It's very tricky and

(2) it's only becoming "stronger" due to social media and network effects

(3) Train yourself to be more Contrarian/Stoic, and less pop-culture,

(4) Acknowledge success is often the result of a complex combo of things

(5) avoid unrealistic expectations, like comparing yourself to 20-year old billionaires whos success you *don't understand* and

(6) Choose whom to follow/study/learn from with some caution - some industry leaders are very very very far removed from the basics. You might be better off studying someone just a few years ahead of you.

==========

Subscribe to Future Skills on: iTunes | Android | Stitcher | Spotify

Join our newsletter for episode summaries:

www.futureskillspodcast.com

Apply for the Future Skills Program

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49 episodes

Artwork
iconShare
 
Manage episode 214367598 series 2135788
Content provided by KARL-MIKAEL SYDING and LUDVIG SUNSTRÖM, KARL-MIKAEL SYDING, and LUDVIG SUNSTRÖM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KARL-MIKAEL SYDING and LUDVIG SUNSTRÖM, KARL-MIKAEL SYDING, and LUDVIG SUNSTRÖM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In Survivorship Bias we go over 6 practical tips:

(1) Remind yourself of the concept of Survivorship Bias. It's very tricky and

(2) it's only becoming "stronger" due to social media and network effects

(3) Train yourself to be more Contrarian/Stoic, and less pop-culture,

(4) Acknowledge success is often the result of a complex combo of things

(5) avoid unrealistic expectations, like comparing yourself to 20-year old billionaires whos success you *don't understand* and

(6) Choose whom to follow/study/learn from with some caution - some industry leaders are very very very far removed from the basics. You might be better off studying someone just a few years ahead of you.

==========

Subscribe to Future Skills on: iTunes | Android | Stitcher | Spotify

Join our newsletter for episode summaries:

www.futureskillspodcast.com

Apply for the Future Skills Program

  continue reading

49 episodes

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