At a very early stage in history we are encountering "survivorship bias" - the fact that only the best results tend to show up in the history books.


Chapter 1, No Guts, No Glory, p. 8. - The Four Pillars of Investing (2002)

William J. Bernstein Quotes

At a very early stage in history we are encountering survivorship bias - the fact that only the best results tend to show up in the history books.

At a very early stage in history we are encountering survivorship bias - the fact that only the best results tend to show up in the history books.

At a very early stage in history we are encountering survivorship bias - the fact that only the best results tend to show up in the history books.

At a very early stage in history we are encountering survivorship bias - the fact that only the best results tend to show up in the history books.