--- title: "Meaning & Key Takeaway of: If we observe the performance of only…" description: "\"If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceeds ..." image: "https://sms4smile.com/quotes/i/023/robert-haugen-38255_active_if-we-observe-the-performance-of-only-th_1077470.jpg" --- # If we observe the performance of only those funds that… ![“If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceeds that of the market.” quote by Robert Haugen](https://sms4smile.com/quotes/i/023/robert-haugen-38255_active_if-we-observe-the-performance-of-only-th_1077470.jpg) [Download](https://sms4smile.com/quotes/i/023/robert-haugen-38255_active_if-we-observe-the-performance-of-only-th_1077470.jpg) [Open image](https://sms4smile.com/quotes/i/023/robert-haugen-38255_active_if-we-observe-the-performance-of-only-th_1077470.jpg) > “If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceeds that of the market.” [Robert Haugen](https://sms4smile.com/quotes/author/robert-haugen/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Only looking at funds that survive skews perception, making them appear better than the market average. **In simple terms:** Surviving funds seem better because losers are ignored. Key Takeaway Consider all data, not just successful cases. Themes investment statistics bias risk management Mood analytical cautious Type financial educational When to use this quote - portfolio analysis - financial planning - investment education - risk assessment Key Concepts survivorship bias performance measurement Questions to Reflect On - How does survivorship bias affect your investment choices? - What methods can mitigate this bias? A Different Perspective Ignoring failed funds can mislead decisions. ★ ★ ★ ★ ★ No ratings yet [Active](https://sms4smile.com/quotes/about/active/) [Average](https://sms4smile.com/quotes/about/average/) [Customer](https://sms4smile.com/quotes/about/customer/) [Exceed](https://sms4smile.com/quotes/about/exceed/) [Fund](https://sms4smile.com/quotes/about/fund/) [Funds](https://sms4smile.com/quotes/about/funds/) [Funds Exceeds](https://sms4smile.com/quotes/about/funds-exceeds-2717765/) [Funds Remain](https://sms4smile.com/quotes/about/funds-remain-2717766/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Investing](https://sms4smile.com/quotes/about/investing/) [Performance Funds](https://sms4smile.com/quotes/about/performance-funds-2717764/) [Performances](https://sms4smile.com/quotes/about/performances/) [Surviving](https://sms4smile.com/quotes/about/surviving/) [Surviving Funds](https://sms4smile.com/quotes/about/surviving-funds-2717763/) ## Related quotes > [The only issue cash presents you is the independence of not stressing about funds.](https://sms4smile.com/quotes/johnny-carson/the-only-issue-cash-presents-you-is-the-independence-of-not-stressing/) [Johnny Carson](https://sms4smile.com/quotes/author/johnny-carson/) > [The human species was not born into a market economy. 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