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Currencies Quotes by James Surowiecki
1 Currencies quote by James Surowiecki
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James Surowiecki has 150 quotes on this site. A few more worth reading:
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Auto repair, piloting, skiing, perhaps even management: these are skills that yield to application, hard work, and native talent. But forecasting an…
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Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that procrastinators are…
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It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets…
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Bubbles and crashes are textbook examples of collective decision making gone wrong. In a bubble, all of the conditions that make groups…
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If small groups are included in the decision-making process, then they should be allowed to make decisions. If an organization sets up…
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Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromise.
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Groups are only smart when there is a balance between the information that everyone in the group shares and the information that…
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But, if recent history has taught us anything, it’s that self-regulation doesn’t work in finance, and that worries about reputation are a…
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Paradoxically, the best way for a group to be smart is for each person in it to think and act as independently…
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This intelligence, or what I'll call "the wisdom of crowds," is at work in the world in many different guises. It's the…
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The fact that cognitive diversity matters does not mean that if you assemble a group of diverse but thoroughly uninformed people, their…
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One key to successful group decisions is getting people to pay much less attention to what everyone else is saying.
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More Currencies Quotes
Popular Currencies quotes from across the collection:
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Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global…
— David Korten
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I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin…
— Murray Rothbard
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Gold is as steady as a rock, a standardbearer by which all currencies can be accurately measured.
— Mark Skousen
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In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to support…
— Henry Hazlitt
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Much of American wealth is an illusion which is being secretly gnawed away and much of it will be completely wiped out…
— Howard Ruff
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When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government…
— James Rickards
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Invitation is not only a step in bringing people together, it is also a fundamental way of being in a community. It…
— Peter Block
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The cosmos doesn’t measure sweat and hours for reward. The cosmos deals in the currencies of joy and satisfaction.
— Danielle LaPorte
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We should be moving toward local currencies not global or European currencies.
— David Korten
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We must stress that the euro has been beneficial to the European Union because, otherwise, in this context of international turmoil, every…
— Jean-Pierre Raffarin
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As far as income goes, there are three currencies in the world; most people ignore two. The three currencies are time, income…
— Tim Ferriss
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Most people are under exposed to global assets, including foreign stocks, bonds and currencies.
— Mohamed El-Erian
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