"The value of a currency is, ultimately, what……" — James Surowiecki
"The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision."
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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 Assets Quotes
This quote is filed under Assets Quotes,
one of 556 quotes in that category. Here are a few more:
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People are definitely a company's greatest asset. It doesn't make any difference whether the product is cars or cosmetics. A…
— Mary Kay Ash
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In my role as Wikileaks editor, I've been involved in fighting off many legal attacks. To do that, and keep…
— Julian Assange
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Don't let what you don't know scare you, because it can become your greatest asset. And if you do things…
— Sara Blakely
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The music industry is a strange combination of having real and intangible assets: pop bands are brand names in themselves,…
— Richard Branson
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I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations…
— Eli Broad
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When Gordon the Brown, in London in 1997, commissioned a great inquisition or survey of his new realm, the result…
— James Buchan
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good…
— Warren Buffett
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that…
— Warren Buffett
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Housing associations have fingered the fact that they cannot use their assets as liquidity due to Bank of England rules…
— Vince Cable
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Healthy citizens are the greatest asset any country can have.
— Winston Churchill
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For far too long the world's poorest people have seen no benefit from the vast natural resources in their own…
— Nick Clegg
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Although women do two-thirds of the world's labor, they own less than one percent of the world's assets.
— Isabel Allende
See all 556 Assets Quotes »