Statisticians call this "survivorship bias". We only oberve survivors but we must not forget about the non-survivors!
http://junkcharts.typepad.com/junk_charts/2005/08/how_representat.html
So that's a no then?
Proof it works!
@miro_o started
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http://junkcharts.typepad.com/junk_charts/2005/08/how_representat.html