Alot of performance reporting suffers from what is known as
end date bias — you may find that alot of mangers beat the index depending on what type of market we've just been through (bull vs bear).
I agree
end date bias is important to recognize when judging stats but I don't think the dynamic has been inconsistent.
Whether you are pro index or pro active management, this is a case of what I call «Snapshot performance» or more commonly known as
end date bias.
Not exact matches
Regarding the «
end of days» part of his interview, isn't it more likely that people are behaving as their
biased and fearful psyches tell them to, seeing demons and signs at times that humans have designated significant, rather than demons presenting themselves to humans on arbitrary
dates?
Researchers say this built - in
bias for
endings might also have implications in the world of online
dating.