Probably because it's difficult/impossible to identify the real causes of any company's success and we want to attribute it to something we can digest. This podcast episode on Survivorship bias is very relevant: http://youarenotsosmart.com/2013/05/23/survivorship-bias/
Probably because it's difficult/impossible to identify the real causes of any company's success and we want to attribute it to something we can digest. This podcast episode on Survivorship bias is very relevant: http://youarenotsosmart.com/2013/05/23/survivorship-bias/