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Always wrong Quote by David Dreman

“Experience teaches us that when "everyone" comes to the same conclusion, that conclusion is just about always wrong.” quote by David Dreman
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“Experience teaches us that when "everyone" comes to the same conclusion, that conclusion is just about always wrong.”

David Dreman

About This Quote

Source Book: Contrarian Investing, 1995

Consensus often leads to error; independent analysis yields better decisions.

In simple terms: Follow the crowd can be wrong.

Key Takeaway

Think independently.

Themes

decision‑making contrarianism bias

Mood

cautious analytical

Type

philosophical inspirational

When to use this quote

  • investment
  • policy
  • science
  • leadership

Key Concepts

critical thinking market psychology

Questions to Reflect On

  • When have you trusted the majority?
  • How do you balance dissent?
A Different Perspective

Independent views can be isolated.

3.9 out of 5 (9 ratings)

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