“Most people are heavily biased by their own experience, are inclined to credit skill rather than luck, brilliance rather than being in a position to be in the right place at the right time. It’s easy to tell a story about how you did the right things when the numbers were going up, and it’s hard to know what worked and what didn’t when the numbers are going down.”
https://cate.blog/2024/10/22/how-can-you-be-a-good-leader-in-a-bad-market/