Nestled deep in the majestic Himalayas lies a valley, a place so ethereal and idyllic, that it can only be compared to the fabled utopia of Shangri-La, depicted in James Hilton’s renowned 1933 novel ‘Lost Horizon’. The Hunza Valley, shrouded in mystery, is a place where reality and fiction converge, where one can truly discover a land that has been whispered about in the annals of myth and legend. A place where time stands still and the inhabitants live in harmony with nature, free from the ravages of age and disease. Welcome to the land of eternal youth and serenity, where the impossible becomes possible and dreams are made reality – Welcome to Hunza Valley, the real Shangri-La.

Phrases from the Bhagavad-gita pop up in management tomes and on the Web sites of consultants. Top business schools teach “self-mastery” classes that use Indian methods to help boost managerial and leadership skills while also finding inner peace in a life dominated by work. Twenty years after “Wall Street” we can ask: “Can the Bhagavad-gita compete with “The Art of War” as the new ancient Eastern management text?”

Examples of survivorship bias are noticeable in a wide range of fields, particularly in the business world. Students in business school can recall how unicorn start-ups were commonly applauded within the classroom, serving as an example of what students should strive for — an archetypal symbol of success. Even though Forbes reported that 90% of start-ups fail, entire degrees are dedicated to entrepreneurship, with dozens of students claiming that they will one day found a start-up and become successful.2