Consider an interesting experiment: Suppose a 25-year-old has been playing Russian roulette in a casino. Then it is conceivable that in less than a year, this young man will go bankrupt. But what if 100,000 young people are playing together? There are always a few of them, dozens of young people, who can become multi-millionaires before the age of 30, right? So, can you still trust the "successful experience" they share? And because of the wrong attribution and survivorship bias, we tend to f...
