Quote:
Originally Posted by Unregistered
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%. |
Then you can just assume that it is the top 1% from
MOM/IRAS coming to this forum.
This forum has never ever claimed that the salaries posted are the mean, top 20% or 1%. The fact is that there indeed are people making such income. So we can just assume that indeed these are the people coming here to post.
Even if they do not earn as much as they claim, that does not make a difference either. You can treat them as the proxies of those people who really make that much.