Sentences with phrase «madness of crowds»

Online, it's sometimes called a «twitchfork mob» — a combination of «Twitter» and «pitchfork mob» that captures the spirit of the frightening madness of crowds in an angry online world.

There must be a tipping point progression from bad science - > moral crusade - > madness of crowds - > patriotic duty.

This is the simplest of calculations — that it is not recognised is madness of the crowd in this modern and broadly pervasive manifestation of an age old human psychopathology.

After all, «you've got the wisdom of the crowd, but you've also got the madness of the crowd,» says Barbara Roper, the director of investor protection with the Consumer Federation of America.

To continue reading on behavior - based trading, see Trading Psychology: Consensus Indicators - Part 1, Leading Indicators Of Behavioral Finance, Understanding Investor Behavior and The Madness Of Crowds.

Bubbles - in tulips, railroads or the Mississippi Co - aren't just about the madness of crowds - nor are they simply manifestations of excess money.

It's getting from now to then that takes great personal discipline and fortitude amid the madness of crowds.

Bubbles aren't just about the madness of crowds, nor are they simply manifestations of excess liquidity and leverage — even though both of these factors are present in the extraordinary rise of bitcoin over recent months.

Charles Mackay's classic work, Extraordinary Popular Delusions and the Madness of Crowds (1841), chronicles the fads and follies of humankind, our epidemics of irrational groupthink.

The object of the Author in the following pages has been to collect the most remarkable instances of those moral epidemics which have been excited, sometimes by one cause and sometimes by another, and to show how easily the masses have been led astray, and how imitative and gregarious men are, even in their infatuations and crimes,» wrote Charles Mackay in the preface to the first edition of his Extraordinary Popular Delusions and the Madness of Crowds.

Muddled thinking, shallow analysis, the madness of crowds, beliefs that are based on one's desires and biases, not evidence — these are some of the things that block progress on many fronts.

For the madness of crowds is a very close cousin to the fervor or congregations and the martial spirit of armies.

If you haven't read it, pick up a copy of Extraordinary Popular Delusions and the Madness of Crowds.

As far as a ceiling goes, I highly recommend the book Extraordinary Popular Delusions & the Madness of Crowds which offers insight on a number of mania that have occurred not just in the past few decades, but over the centuries.

The Wisdom or Madness of Crowds The classic study on the wisdom of crowds suggests that a large collection of investors with different information, experience, and expertise tend to get prices right.

Yet the wisdom of crowds can give way to the madness of crowds when the crowd herds on the same piece of information and / or adopts similar thinking.

The Big Short is an excellent book about the mortgage meltdown, those that gamed the rating agencies, those that fell victim to false beliefs and greed, and those that profited by creating investments to short the madness of the crowd.

When one or more of those conditions are violated, the wisdom of crowds can flip to the madness of crowds.

So if you understand the capital cycle, you stand back from the madness of the crowds, as things are being bid up, but you also avoid the great value traps, which are constantly hitting so called contrary and old value investors.

The Wisdom and / or Madness of Crowds is a thought provoking little interactive experience that explores how information and misinformation spreads through networks of friends and acquaintances.

I am not the first to suggest that Extraordinary Popular Delusions and the Madness of Crowds, the study of price bubbles and other mass misconceptions written by the Scottish journalist Charles Mackay in 1841, has something to say about present circumstances.

The upleg of global heating was thought in the ancient past to have been caused by CO2 concentration rising, a myth ultimately shared by much of the world, until falling temperatures in the down leg revealed that mass delusion to have been a «madness of the crowd».

Along with advances in thorium fission and possibly even the holy grail of fusion, we can put all of this away where it belongs - in a new edition of «Extraordinary Delusions and the Madness of Crowds».

wrote Charles Mackay in the preface to the first edition of his Extraordinary Popular Delusions and the Madness of Crowds.

That the belief in climate consensus — and the apocalyptic narratives that emerge — is the most widespread manifestation of the madness of crowds in the history of the world.

Why would anyone do such fundamentally stupid things unless they were caught up in a social phenomenon described best as the madness of crowds?

It's no conspiracy, Monsieur Lightyear, it's an extraordinary popular delusion and a madness of the crowd.