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A comment on Business Advice Plagued by Survivor Bias. Parent comment

Re:Business Advice Plagued by Survivor Bias by mhartl on Monday August 17, 2009 @11:06PM (#769666)
It's one reason to pursue 'smaller' opportunities with lower variance of return expectations but higher median returns -- for example many niche businesses -- than industries with gigantic return expectations.

This neatly encapsulates much of my current business strategy.

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