"This intelligence, or what I'll call "the wisdom……" — James Surowiecki

"This intelligence, or what I'll call "the wisdom of crowds," is at work in the world in many different guises. It's the reason the Internet search engine Google can scan a billion Web pages and find the one page that has the exact piece of information you were looking for. It's the reason it's so hard to make money betting on NFL games, and it helps explain why, for the past fifteen years, a few hundred amateur traders in the middle of Iowa have done a better job of predicting election results than Gallup polls have."

— 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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More Amateur Quotes

This quote is filed under Amateur Quotes, one of 266 quotes in that category. Here are a few more:

A professional writer is an amateur who didn't quit. — Richard Bach
If you think it's expensive to hire a professional to do the job, wait until you hire an amateur. — Red Adair
I'm a writer. An amateur photographer. An actor. — Ben Affleck
I'll always be grateful to the public of intelligent amateurs. — Paul Cezanne
Artistic temperament is the disease that afflicts amateurs. — Gilbert K. Chesterton
I don't work with inspiration. Inspiration is for amateurs. I just get to work. — Chuck Close
My dad had been an ardent amateur photographer, and he taught me to compose a photograph from the back to… — Sam Abell
It was to Hofmeister, working as a young man, an amateur and enthusiast, in the early morning hours of summer… — Unknown Author
There should be a dash of the amateur in criticism. For the amateur is a man of enthusiasm who has… — Brooks Atkinson
Professionalism is environmental. Amateurism is anti environmental. Professionalism merges the individual into patterns of total environment. Amateurism seeks the development… — Marshall McLuhan
My amateur interest in astronomy brought out the term "magnitude," which is used for the brightness of a star. — Charles Richet
As a matter of fact, nearly all the greatest work is being, and has always been done, by those who… — Alfred Stieglitz

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