How often do we hear the expression “They sure don’t build houses like they used too”. How often do we think that maybe thats a good thing?
In this TedX Talk David McRaney gives us some great insights into the important concept of understand Survivorship Bias (and gives a ever so slight introduction to the work of Daniel Kahneman and even Nassim Taleb).
What’s this have to do with building and remodeling homes and commercial structures? If you don’t want to wait for it you can start your listening at 8:26.
Why am I writing about this today? Today on my FaceBook feed an old David McRaney popped up with his article on Survivorship Bias – You Are Not So Smart
I am an architectural woodworker and general contractor turned IT, Business and Project Management consultant, software developer wannabe senior division triathlete and ski racer, Yankee fan and founder of ParadigmProjects.com, 360 Difference Mac4Construction.com,iOS4Construction.com and now TheBuildingAndRemodelingWiki.com too.
