Quotes from The Wisdom of Crowds

James Surowiecki ·  306 pages

Rating: (20.3K votes)


“Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromise.”
― James Surowiecki, quote from The Wisdom of Crowds


“No decision-making system is going to guarantee corporate success. The strategic decisions that corporations have to make are of mind-numbing complexity. But we know that the more power you give a single individual in the face of complexity and uncertainty, the more likely it is that bad decisions will get made.”
― James Surowiecki, quote from The Wisdom of Crowds


“If small groups are included in the decision-making process, then they should be allowed to make decisions. If an organization sets up teams and then uses them for purely advisory purposes, it loses the true advantage that a team has: namely, collective wisdom.”
― James Surowiecki, quote from The Wisdom of Crowds


“Groups are only smart when there is a balance between the information that everyone in the group shares and the information that each of the members of the group holds privately. It's the combination of all those pieces of independent information, some of them right, some of the wrong, that keeps the group wise.”
― James Surowiecki, quote from The Wisdom of Crowds


“It may be, in the end, that a good society is defined more by how people treat strangers than by how they treat those they know.”
― James Surowiecki, quote from The Wisdom of Crowds



“groups that are too much alike find it harder to keep learning, because each member is bringing less and less new information to the table. Homogeneous groups are great at doing what they do well, but they become progressively less able to investigate alternatives.”
― James Surowiecki, quote from The Wisdom of Crowds


About the author

James Surowiecki
Born place: in Meriden, Connecticut, The United States
Born date April 30, 1967
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Popular quotes

“He tells me how the Great Lakes came to be. All where Lake Huron is now, he says, used to be flat land, a wide flat plain. Then came the ice, creeping down from the north, pushing deep into the low places. Like that—and he shows me his hand with his spread fingers pressing the rock-hard ground where we are sitting. His fingers make hardly any impression at all and he says, “Well, the old ice cap had a lot more power behind it than this hand has.” And then the ice went back, shrank back towards the North Pole where it came from, and left its fingers of ice in the deep places it had gouged, and ice turned to lakes and there they were today. They were new, as time went. I try to see that plain before me, dinosaurs walking on it, but I am not able even to imagine the shore of the Lake when the Indians were there, before Tuppertown. The tiny share we have of time appalls me, though my father seems to regard it with tranquillity. Even my father, who sometimes seems to me to have been at home in the world as long as it has lasted, has really lived on this earth only a little longer than I have, in terms of all the time there has been to live in. He has not known a time, any more than I, when automobiles and electric lights did not at least exist. He was not alive when this century started. I will be barely alive—old, old—when it ends. I do not like to think of it. I wish the Lake to be always just a lake, with the safe-swimming floats marking it, and the breakwater and the lights of Tuppertown.”
― Alice Munro, quote from Dance of the Happy Shades


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― Lisa Scottoline, quote from Dirty Blonde


“What are you thinking of discovering?"
Moomintroll cleared his throat and felt very proud. "Oh, everything," he said. "Stars, for example!"
Snufkin was deeply impressed.
"Stars!" he exclaimed. "Then I must come with you. Stars are my favorite things. I always lie and look at them before I go to sleep, and wonder who is on them and how one could get there. The sky looks so friendly with all those little eyes twinkling in it.”
― Tove Jansson, quote from Comet in Moominland


“One of the main lessons I had learned is that exfiltrations are almost ninety percent logistics - just making sure everything is lined up as it needs to be.”
― Antonio J. Méndez, quote from Argo: How the CIA & Hollywood Pulled Off the Most Audacious Rescue in History


“Children who are not loved themselves often find it difficult to love others.”
― Patricia St. John, quote from Treasures of the Snow


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