Investors who go along with the crowd simply because there is a crowd tend to avoid catastrophic errors, but seldom achieve above - average results. (aaii.com)
That means catastrophic errors are an all too real possibility. (pcworld.com)
Labour leader Ed Miliband said the prime minister had made a «catastrophic error of judgement» and accused Mr Cameron of deliberately attempting to «hide from the facts». (politics.co.uk)