"Sometimes even a smart crowd will make a…" — James Surowiecki

Sometimes even a smart crowd will make a mistake. - James Surowiecki

"Sometimes even a smart crowd will make a mistake."

— James Surowiecki

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150 Quotes by James Surowiecki

James Surowiecki has 150 quotes on this site. A few more worth reading:

Auto repair, piloting, skiing, perhaps even management: these are skills that yield to application, hard work, and native talent. But…
Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that…
It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the…
Bubbles and crashes are textbook examples of collective decision making gone wrong. In a bubble, all of the conditions that…
If small groups are included in the decision-making process, then they should be allowed to make decisions. If an organization…
Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or…
Groups are only smart when there is a balance between the information that everyone in the group shares and the…
But, if recent history has taught us anything, it’s that self-regulation doesn’t work in finance, and that worries about reputation…
Paradoxically, the best way for a group to be smart is for each person in it to think and act…
This intelligence, or what I'll call "the wisdom of crowds," is at work in the world in many different guises.…
The fact that cognitive diversity matters does not mean that if you assemble a group of diverse but thoroughly uninformed…
One key to successful group decisions is getting people to pay much less attention to what everyone else is saying.

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More Crowd Quotes

This quote is filed under Crowd Quotes, one of 1,289 quotes in that category. Here are a few more:

Monty Python crowd; half of them came from Cambridge, and half of them came from Oxford. But, there seems to… — Rowan Atkinson
Never follow the crowd. — Bernard Baruch
The priest is an immense being because he makes the crowd believe astonishing things. — Charles Baudelaire
The theatre is the involuntary reflex of the ideas of the crowd. — Sarah Bernhardt
I've had a few gigs where things have got out of hand and there has been a huge crush with… — Justin Bieber
With the help of a friend I got father into a wagon, when the crowd had gone. I held his… — Buffalo Bill
Leadership is diving for a loose ball, getting the crowd involved, getting other players involved. It's being able to take… — Larry Bird
I do strive to find projects that are trying to carve out some new space. I enjoy projects that leap… — Emily Blunt
If you wait for opportunities to occur, you will be one of the crowd. — Edward de Bono
Earth took her shining station as a star, In Heaven's dark hall, high up the crowd of worlds. — Christian Nestell Bovee
The worst moment was when I was performing and I was about to sing, but I choked. I had a… — Chris Brown
I draw from the crowd a lot. — Kobe Bryant

See all 1,289 Crowd Quotes »