[timex]

Will Ma and I were discussing this recently.

People who run bad in MTTs quit MTTs, people who run good stick with them. As this continues, it gets to the point that almost everyone who plays MTTs is at like the top of the bell curve of results relative to their skill level, so people tend to think that variance is lower since most regular tournament players are just the one who run the best.

I may have worded it poorly, but basically, everyone who hasn't quit these stupid things yet runs good.