Herds Quote by Charlie Munger Download Open image “Mimicking the herd invites regression to the mean.” — Charlie Munger ★ ★ ★ ★ ★ 3.9 out of 5 (6 ratings) Copy quoteShare Herds Invites Mean Mimicking Regression
The current period of regression is registering some success in "producing people" who are subordinated to external power, diverted to such "superficial things" as… — Noam Chomsky Copy Share Image
Regression toward the mean. That is, in any series of random events an extraordinary event is most likely to be followed, due purely to… — Leonard Mlodinow Copy Share Image
“Most people instinctively follow a dominant trend in an organization or community, without critical evaluation of its merits. The herd instinct is strong.” — Ronald A. Heifetz Copy Share Image
I could never understand the herd mentality. I have always fought to do things my way and have stuck to that. — Tabu Copy Share Image
“the psychological effect of the statistical world picture: it displaces the individual in favor of anonymous units that pile up into mass formations.” — C.G. Jung Copy Share Image
This hetero - normative behavior and herd mentality is dangerous. It's okay to be different. — Rose McGowan Copy Share Image
We are all born with a powerful herd instinct and it can force otherwise rational people to act in inexplicable ways. — Paul Rusesabagina Copy Share Image
If we betake ourselves to the statistical method, we do so confessing that we are unable to follow the details of each individual case,… — James Clerk Maxwell Copy Share Image
Almost all good businesses engage in 'pain today, gain tomorrow' activities. — Charlie Munger Copy Share Image
If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well… — Charlie Munger Copy Share Image
Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to… — Charlie Munger Copy Share Image
I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned… — Charlie Munger Copy Share Image
I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and… — Charlie Munger Copy Share Image
The tax code gives you an enormous advantage if you can find some things you can just sit with. — Charlie Munger Copy Share Image
The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And… — Charlie Munger Copy Share Image
Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.… — Charlie Munger Copy Share Image
They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good… — Charlie Munger Copy Share Image
We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good… — Charlie Munger Copy Share Image
It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling… — Charlie Munger Copy Share Image
What is this world?--A term which men have got, To signify not one in ten knows what; A term, which with no more precision… — Charles Churchill Copy Share Image
No shepherd and one herd! Everybody wants the same, everybody is the same: whoever feels different goes voluntarily into a madhouse. — Friedrich Nietzsche Copy Share Image
The holy heaven yearns to wound the earth, and yearning layeth hold on the earth to join in wedlock; the rain, fallen from the… — Aeschylus Copy Share Image
The herd instinct among forecasters makes sheep look like independent thinkers.. — Edgar Fiedler Copy Share Image
We must, if we are to be consistent, and if we re to have a real pedigree herd, mate the best of our men… — Plato Copy Share Image
Popular thought appeals to crowds, gatherings and tribes, who use it as a way to guide the herd. It is very evident in protests… — Corey Taylor Copy Share Image
Isn't there such a thing as social liberation?" "Of course there is," said the Master. "How would you describe it?" "Liberation from the need… — Anthony de Mello Copy Share Image
Every lecture should state one main point and repeat it over and over, like a theme with variations. An audience is like a herd… — Gian-Carlo Rota Copy Share Image
The path of my life is strewn with cow pats from the devil's own satanic herd! — Rowan Atkinson Copy Share Image
Of what use is it to please the herd? They are simply coarse animals - for all that is admirable in man is the… — H. P. Lovecraft Copy Share Image
I now suspect that just as a deer herd lives in mortal fear of its wolves, so does a mountain live in mortal fear… — Anonymous Copy Share Image
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