I have to wonder if the entire concept of the business savvy billionaire is just a case of survivorship bias. Not for all of them, but a lot.

I mean, if you get the population of the civilized world together and have them start flipping coins, plenty of people are going to get heads 20 times in a row. Or if they’re from a rich family maybe they only have to get 10 heads in a row.

(Used round numbers for illustration. 20 heads in a row is only about 1 in a million, 10 heads is one in a thousand.)