In summary, there is strong evidence that investors ignore selection biases in fund performance advertisements.

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The study found that investors could understand selection biases in fund advertisements.

FORBES: How Selective Advertising by Mutual Funds Misleads Investors

Academic estimates are that these statistical biases of self-selection (reporting is optional for the largely unregulated hedge fund industry) add 3-5 percentage points to index returns.

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The mission of journalism is to inform, and that requires observation, selection and interpretation, with all the biases that entails.

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She argues that courts should screen for weight bias during juror selection and should address weight bias in judicial instruction, which already covers race, gender and ethnicity biases.

FORBES: Women Judged On Weight In Court, Study Finds