Investing Quote by James Surowiecki
“In order to work well, markets need a basic level of trust.”
About This Quote
Source Book: The Wisdom of Crowds, 2004
Markets function best when participants trust each other’s information and intentions.
In simple terms: Trust is essential for markets.
Cultivate trust in transactions.
Themes
Mood
Type
When to use this quote
- investment
- e‑commerce
- team projects
- public policy
Key Concepts
Questions to Reflect On
- How do you build trust in a new market?
- What erodes trust quickly?
Trust can be fragile and easily broken by misinformation.