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That would seem to create an inherent bias toward owning the worse-performing segment of the high yield universe.
FORBES: Wall Street Is Getting Better At Creating 'Junk'
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This is the inherent bias in a system of medical benefits that reimburses employees for drugs and hospital visits but (usually) doesn't subsidize their trips to the gym.
FORBES: Just Say No
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Sheikh al-Baghdadi, the leader of al Qaeda in Iraq, said that he had delayed the announcement of the formal merger with al-Nusra because he wanted to allow Syrians time to get to know al-Nusra on its own terms, without the inherent negative bias that would be caused by an early announcement of its ties to al Qaeda.
CNN: Syria rebel group's dangerous tie to al Qaeda
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One caveat: The data have an inherent positive survivorship bias, as some companies captured in earlier years may have failed along the way.
FORBES: Magazine Article
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Im Tirtzu's reports were based on an analysis of course syllabi at all university departments and they concluded that there was a clear far left ideological bias inherent in course materials.
CENTERFORSECURITYPOLICY: Tom Friedman's losing battle
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Rosen touches on is the bias inherent in journalism.
FORBES: Slant, Tilt and Bias