“At a very early stage in history we are encountering "survivorship bias" - the fact that only the best results tend to show up in the history books.”
Source: The Four Pillars of Investing (2002), Chapter 1, No Guts, No Glory, p. 8.
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William J. Bernstein 29
economist 1948Related quotes

Source: A Theology of Liberation - 15th Anniversary Edition, Chapter Nine, Liberation And Salvation, p. 97

"Honoria" (1957); republished in The New American, Vol. 19, No. 20, (6 October 2003)
1950s

“There are more valid facts and details in works of art than there are in history books.”

Microcosmos: Four Billion Years of Evolution from Our Microbial Ancestors (1986)

Source: Reading Architectural History (2002), Ch. 4 : A class performance : Social histories of architecture

“Our history and the facts show that immigrants are a net plus for our economy and our society.”
2014, Address to the Nation on Immigration (November 2014)
Context: I understand the disagreements held by many of you at home. Millions of us, myself included, go back generations in this country, with ancestors who put in the painstaking work to become citizens. So we don’t like the notion that anyone might get a free pass to American citizenship. I know some worry immigration will change the very fabric of who we are, or take our jobs, or stick it to middle-class families at a time when they already feel like they’ve gotten the raw deal for over a decade. I hear these concerns. But that’s not what these steps would do. Our history and the facts show that immigrants are a net plus for our economy and our society. And I believe it’s important that all of us have this debate without impugning each other’s character.