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The Wisdom of Crowds
We often speak of the wisdom of crowds, but we need to be careful about which crowds we’re considering.
Adam Grant • Originals: How Non-Conformists Move the World
“Individually we’re smart,” says Wojcik. “Collectively, we’re stupid.”
William Green • Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life
collection of partially informed nonexperts did better than experts, shows our second decision mistake: relying on experts instead of the wisdom of crowds.
Michael J. Mauboussin • Think Twice: Harnessing the Power of Counterintuition
