“The challenge for capitalism is that the things that breed trust also breed the environment for fraud.” Quote by James Surowiecki
“The fact that industries wax and wane is a reality of any economic system that wants to remain dynamic and responsive to people's changing tastes.” PeopleWantFactsRealityEconomicIndustryTasteEconomic Systems Author:James Surowiecki
“The oil market is especially sensitive even to a hint of expansion or contraction in supply.” OilSensitiveExpansionHintsContractions Author:James Surowiecki
“The stock market has an insidious effect on C.E.O.s' moods, because of its impact not just on their companies but on their own bank accounts.” CompanyEffectsAccountsImpactMoodInsidiousBank Accounts Author:James Surowiecki
“Traditionally, tours were a means of promoting a record. Today, the record promotes the tour.” MeanTodayRecordsPromoting Author:James Surowiecki
“Under the right circumstances, groups are remarkably smart - smarter even sometimes than the smartest people in them.” PeopleSometimesGroupsCircumstancesSmartSmarter Author:James Surowiecki
“Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.” WorldWayLongStreetsWallLong WayGreat DepressionInsiders Author:James Surowiecki
“It is always in season for old men to learn.” MenLiteratureEducationLearningSeasonsOld Man Author:Aeschylus
“We assume that good-looking people are smarter and more effective than they really are, and that homely people are the reverse.” PeopleAssumingReverseSmarterLooking GoodHomely Author:James Surowiecki
“What the investment community does like is short-term measures designed to boost share prices.” DoeTermCommunityShareInvestmentShort TermBoostShare Price Author:James Surowiecki
“The essence of procrastination lies in not doing what you think you should be doing, a mental contortion that surely accounts for the great psychic toll the habit takes on people. This is the perplexing thing about procrastination: although it seems to involve avoiding unpleasant tasks, indulging in it generally doesn't make people happy.” PeopleThinkingShouldSeemsLyingHabitTasksEssenceAccountsProcrastinationAvoidingPsychicsTollsMaking People Happy Author:James Surowiecki