The Actionable Insight Fallacy (opens in new tab)

You’ve probably heard of survivorship bias. It’s the mistake of studying only winners: the companies that made it, the founders who broke through, while ignoring the far larger number who tried the same things and failed. It’s a well-documented problem. But there’s a second mistake that follows directly from it, and yet people don’t seem … Continue reading The Actionable Insight Fallacy