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I’ve worked directly with some startup founders and they tend to not understand selection bias very thoroughly. Rather, they see themselves as inherently smarter than other people and eventually they determine that all the decisions they make must be the right ones. Even when their success is very obviously luck they eventually start to think as of they have an infallibility field around them which drives some extremely odd behaviors.
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I’ve worked directly with some startup founders and they tend to not understand selection bias very thoroughly. Rather, they see themselves as inherently smarter than other people and eventually they determine that all the decisions they make must be the right ones. Even when their success is very obviously luck they eventually start to think as of they have an infallibility field around them which drives some extremely odd behaviors.
That makes a lot of sense and is also really frustrating. You had some luck in life and so everything you think must be absolutely correct.