Meaning Over Money
367 - Survivorship Bias and FOMO, a Dangerous Combination
Published: 23 September 2024 at 19:19 Europe/London
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Episode notes
Do you ever hear the crazy stories about how someone did something crazy, and it massively paid off? A wild investment idea. A trip to the casino. A funky-sounding business plan. Ideas that, on the surface, seem risky at best, and insane at worst. However, you continually hear success stories about them. It’s disorienting. In today’s episode, host Travis Shelton discusses survivorship bias and why it’s wreaking havoc on our decision-making and psyche.
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