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No matter how you invest but you always try to win. Obviously thats good but how many of yoy all have the patients to remain calm in panic situations. We all cant forget the period when few years before how people got reactive and lost huge amount of their investments and ended up in graveyard.
For the current poor investor this cemetery makes invisible so that they are blindly selling at bargain price to the winners and making their way to the cemetery of failures. We can call this as Survivorship bias.
Such false panic immediately attain s high degree of popularity and attention. As a result human mind get easily diverted unnecessarily. Survivorship bias takes people systematically to overestimate chances of survival from getting out from hard earned investments early but ultimate result is invisible cemetery. It is a sad walk but one that should clear your mind.
For the current poor investor this cemetery makes invisible so that they are blindly selling at bargain price to the winners and making their way to the cemetery of failures. We can call this as Survivorship bias.
Such false panic immediately attain s high degree of popularity and attention. As a result human mind get easily diverted unnecessarily. Survivorship bias takes people systematically to overestimate chances of survival from getting out from hard earned investments early but ultimate result is invisible cemetery. It is a sad walk but one that should clear your mind.
