"Political risk is hard to manage because so……" — James Surowiecki
"Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks."
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James Surowiecki
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150 Quotes by James Surowiecki
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…
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Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that…
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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…
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Bubbles and crashes are textbook examples of collective decision making gone wrong. In a bubble, all of the conditions that…
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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…
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Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or…
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Groups are only smart when there is a balance between the information that everyone in the group shares and the…
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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…
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Paradoxically, the best way for a group to be smart is for each person in it to think and act…
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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.…
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The fact that cognitive diversity matters does not mean that if you assemble a group of diverse but thoroughly uninformed…
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One key to successful group decisions is getting people to pay much less attention to what everyone else is saying.
See all 150 quotes by James Surowiecki »
More Banks Quotes
This quote is filed under Banks Quotes,
one of 480 quotes in that category. Here are a few more:
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Banks are so protected from liability they would have to really do something that was their mistake in order for…
— Frank Abagnale
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Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to…
— Mary Kay Ash
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The issue which has swept down the centuries and which will have to be fought sooner or later is the…
— Lord Acton
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The privilege of ruling would be in the hands of the skilled and the learned, with a wide scope left…
— Mikhail Bakunin
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The river flows at its own sweet will, but the flood is bound in the two banks. If it were…
— Vinoba Bhave
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Every Republican's voted for it. Look at what they value and look at their budget and what they're proposing. Romney…
— Joe Biden
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And I think the more money you put in people's hands, the more they will spend. And if they don't…
— Michael Bloomberg
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At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call,…
— James Buchan
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This nation is like a spring freshet; it overruns its banks and destroys all who are in its path.
— Sitting Bull
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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional…
— Vince Cable
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Don't blame Wall Street, don't blame the big banks. If you don't have a job and you are not rich,…
— Herman Cain
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I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they…
— Herman Cain
See all 480 Banks Quotes »