Outcome Bias: Stop Judging by ResultsWinning by luck teaches the wrong lessons.

From the show

Clear Thinking Strategies

Good luck can disguise bad decisions, while bad luck can ruin good strategies. Outcome bias occurs when you evaluate the quality of a choice based only on how it turned out. This mental error reinforces dangerous habits and punishes logical thinking. To succeed consistently, you must analyze the information you had at the time, separate the process from the result, and build systems that rely on skill rather than chance.