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  #1051 (permalink)  
Old 09-12-2011, 05:02 PM
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Originally Posted by Unregistered View Post
As the above poster said, this is called survivorship bias. Those who do well tend to talk more about it, while those not doing so well will be lurking in the forum and not posting any messages.

This is like your secondary school or JC reunion, where the successful ones tend to show up and share stories, while those not doing so well will find excuses not to come. And you wonder why every ex-classmate you meet at reunions is so successful.

In school reunuion survivorship may be biggest factor, but the biggest problem here is not survivorship bias, but online anonymity.

We essentially have a bunch of unknown IDs crapping whatever they feel like saying with no accountability or verification to anyone. You look at the numbers here and compare with MOM/IRAS is more like top 1% than top 20%.

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