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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: benwood who wrote (87025)9/28/2007 1:21:24 PM
From: forceOfHabit  Read Replies (2) of 110194
 
benwood,

That's the wrong application of survivor bias. That's like saying that this guy was the lucky recipient of survivor bias and he's really nothing special: [picture of sprinter(?)]

Please tell me you're not serious. Unless you think randomness plays as large a role in the outcome of a foot race as it does in investment returns. If so, you might want to compare the variance of your favourite financial manager's returns with the variance of race times from you favourite sprinter. You do realize that survivor bias is essentially a statistical phenomenon?

habit
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