Clubs Quote by Daniel Kahneman
“When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.”
About This Quote
Source Book: Thinking, Fast and Slow by Daniel Kahneman, 2011
Group decisions can become more extreme than individual judgments due to shared biases, making them less reliable.
In simple terms: Groups amplify biases, leading to poorer decisions.
Beware of groupthink and seek diverse viewpoints.
Themes
Mood
Type
When to use this quote
- team meetings
- policy formation
- investment committees
Key Concepts
Questions to Reflect On
- What steps can you take to mitigate group bias?
- When should you rely on individual judgment?
Group pressure can suppress dissenting but.