Adeleke Ololade

[Adeleke Ololade @AdelekeOlolade6]

@abbeyyola Your location?

[Adeleke Ololade @AdelekeOlolade6]

@Asherkinne @grok 🙏

[Adeleke Ololade @AdelekeOlolade6]

@Wesdinho_ @cagiago_ You colour blind?

[Adeleke Ololade @AdelekeOlolade6]

@Chartswithmax 8158770995
Opay
Adeleke Ololade James

[Adeleke Ololade @AdelekeOlolade6]

@lax97981 Money

[Adeleke Ololade @AdelekeOlolade6]

@RAVIKUMARSAHU78 Send

[Habu Sadeik @HabuSadeik]

Is it possible for the government to return fuel subsidy? N400/litre?

Is it possible to reverse the fx subsidy by pegging to N600/$

This is a question that a lot of non-economics people are asking.

Well, follow me lets take it step-by-step and see if its possible

Thread!!!

[JUST KINGS @JustKingss]

Please if this appears on your timeline kindly repost. 🙏🏾 #MakeInhalerFree

[THE P.O.P ARTIST @Broda_Kenny]

Dear All.

Please If you know of any lady battling BREAST CANCER of whatever stage please advise her to contact

[email protected]

before 7th march, all medical expenses are free.

Please don't keep this message to yourself REPOST and save that woman’s life

[JUST KINGS @JustKingss]

Don’t say anything, just Repost!
#MakeInhalerFree

[Olóyè T.D Esq @BolanleCole]

🚨 Stanley Nwabali breaks a 44-year record for Eagles goalkeepers, securing 4 consecutive clean sheets in a major tournament.

He has surpassed Best Ogedegbe's 1980 record and Alloy Agu's 1990 3-game streak 🙌

Let's celebrate him 🇳🇬
It takes just 2secs to RT.

[Adeleke Ololade @AdelekeOlolade6]

@Mrbankstips Amen 🙏

[Adeleke Ololade @AdelekeOlolade6]

@bod_republic Hi

[Mizel💞 @Hadhanr]

Soliciting For Urgent Financial Assistance For My Mum!!!

Hello everyone, I’m reaching out to you all on behalf of my mum who’s diabetic & was diagnosed with Chronic kidney Disease.

She’s desperately in need of funds to help her continue her Hemodialysis sessions.

Please read👇

[Ayoola isaac o @Zecko25]

@gtbank_help Whats going with Gtb, someone sent money to me since yesterday and I'm yet to receive d money till now,this is more than 24hours now...

Transaction Reference
240130027185258717

[Adeleke Ololade @AdelekeOlolade6]

@wemabank @wemabank I'm literally stranded at Ikeja bus stop because your app won't let me transfer to pos, its been over an hour. This is unfair @alat_ng

[Adeleke Ololade @AdelekeOlolade6]

Dear @alat_ng and @wemabank what you guys are doing to me tonight is unfair. I have been stranded at Ikeja on my way home because your @alat_ng app isn't respondingfor me to transfer to pos. Its been over 1 hour 30mins. I even contacted your customer helpline still nothing

[Adeleke Ololade @AdelekeOlolade6]

Hey @TheCryptoZombie, Just explored the new features on @coinbuckX and I'm blown away! Social media is entering a new era thanks to this innovative platform. 🚀

[Adeleke Ololade @AdelekeOlolade6]

Ready for a crypto boost? 🚀 Grab 10,000 $BUCK in the latest airdrop. Half of it withdrawable in just 72 hours! Your crypto journey starts now! 🌐

[Sahil Bloom @SahilBloom]

A young statistician saved their lives.

His insight (and how it can change yours):

During World War II, the U.S. wanted to add reinforcement armor to specific areas of its planes.

Analysts examined returning bombers and plotted the bullet holes and damage on them (as in the image below).

Based on this analysis, they came to the conclusion that adding armor to the tail, body, and wings would improve their odds of survival.

But a young statistician named Abraham Wald noted that this would be a tragic mistake.

By only plotting data on the planes that returned, they were systematically omitting the data on a critical, informative subset:

The planes that were damaged and unable to return.

Abraham Wald recognized a key fact:

• "Seen" planes had sustained damage that was survivable.
• "Unseen" planes had sustained damage that was not survivable.

Wald concluded that armor should be added to the *unharmed* regions of the returning planes (the areas without bullet holes on the image below).

His profound logic:

Where the survivors were unharmed was actually where the planes were most vulnerable.

Based on his insight, the military reinforced the engine and other vulnerable parts, significantly improving the safety of the crews during combat and saving thousands of lives.

Abraham Wald had identified a cognitive bias called "Survivorship Bias":

The error resulting from systematically focusing on survivors (successes) and ignoring casualties (failures) that causes us to miss the true base rates of survival (the actual probability of success) and arrive at flawed conclusions.

We see examples of Survivorship Bias all around us:

1. We read books on the common traits of successful people, but fail to consider all of the unsuccessful people who possessed those same traits.

2. We applaud the belief when we hear that an entrepreneur took out a second mortgage and succeeded, but fail to consider all of the entrepreneurs who did the same and went bankrupt.

3. We study the cultural strategies of the most successful companies, but fail to consider all of the companies that followed those same strategies and fell apart.

When we fail to consider the range of outcomes and the hidden evidence, we develop a skewed (and often incorrect) view of reality.

It cannot be avoided altogether, because the vast majority of books and history are written by and about the survivors and victors, but wherever possible, consider the unseen evidence.

Remember: What is unseen often has just as much value as what is seen.

***

If you enjoyed this or learned something, follow me @SahilBloom for more in future!