this post was submitted on 04 May 2024
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Otherwise known as the sunk cost fallacy.
https://time.com/5347133/sunk-cost-fallacy-decisions/
I think technically he's describing survivorship bias - the ones who fail out - fail out so hard they disappear (jail)
Good point. In fact, it's a bit of both. It's a survivorship bias, but it explains the survivorship.
Sunk survivor falias.