So,huge amounts of institutional funds and individual funds are going into this hedge fund world.

大量机构基金和个人基金,都将进入对冲基金领域

耶鲁公开课 - 金融市场课程节选

This is true whether you look at the universe of the mutual fund managers that we might have available to us as individuals or whether it's institutional data, such as those that I just cited; that concept is survivorship bias.

的确如此,不论你在观察,可接触到的基金经理个人,还是观察一些机构数据,就像我刚引用过的那些,这个现象就是生存偏差

耶鲁公开课 - 金融市场课程节选