Decision making Quote by Michael Lewis
![“Crucial decisions are made, today as thousands of years ago, in terms of the intuitive guesses and preferences of a few men in positions of authority...[it is] quite likely that the fate of entire societies may be sealed by a series of avoidable mistakes committed by their leaders.” quote by Michael Lewis](https://sms4smile.com/quotes/img-quotes/a59/michael-lewis-705_decision-making_crucial-decisions-are-made-today-as-thou_16888.jpg)
““Crucial decisions are made, today as thousands of years ago, in terms of the intuitive guesses and preferences of a few men in positions of authority...[it is] quite likely that the fate of entire societies may be sealed by a series of avoidable mistakes committed by their leaders.””
About This Quote
Leaders often rely on intuition and personal bias, leading to avoidable errors that can shape the destiny of whole societies.
In simple terms: Intuition can drive costly societal mistakes.
Key Takeaway
Leadership intuition risks systemic failure.
Themes
Leadership
Decision-making
Bias
History
Societal impact
Mood
Cautious
Reflective
Skeptical
Type
Observation
Warning
Historical insight
When to use this quote
- Political governance
- Corporate strategy
- Military command
- Public policy formulation
- Crisis management
Key Concepts
Intuition
Authority
Risk
Collective fate
Practical Applications
- Risk assessment training
- Decision-making frameworks
Questions to Reflect On
- How can leaders balance intuition with evidence?
- What safeguards reduce bias in high‑stakes decisions?
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![“The trait [Morey] looked for was awareness that they were seeking answers to questions with no certain answers--that they were inherently fallible. "I always ask them, 'Who did you miss?'" he said. Which future superstar had they written off, or which future bust had they fallen in love with? "If…” quote by Michael Lewis](https://sms4smile.com/quotes/img-quotes/9e0/michael-lewis-705_fallibility_the-trait-morey-looked-for-was-awareness_146196.jpg)
