James Surowiecki Quotes


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.


Citations

Surowiecki, James. The Wisdom of Crowds. Doubleday, 2004.

Related Quotes

“The Wisdom of Crowds” is a digital information theory‘ that a very large number of people might make a better quality decision that a few experts in an area. Bruni was a critic of this notion.


James Surowiecki
James Surowiecki
  • Born: April 30, 1967
  • Nationality: American
  • Profession: Journalist

James Michael Surowiecki is an American journalist. He was a staff writer at The New Yorker, where he wrote a regular column on business and finance called "The Financial Page".