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Pop music thrives on repetition. You know a song's a hit when you've heard it so often that you'll be happy never to hear it again.
James Surowiecki
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James Surowiecki
Age: 57
Born: 1967
Born: April 30
Journalist
Writer
Meriden
Connecticut
James Michael Surowiecki
Often
Thrives
Music
Repetition
Never
Thrive
Pops
Hear
Heard
Happy
Song
More quotes by James Surowiecki
Standards wars involve lots of variables, and understanding them often seems more an art than a science. They generally involve just two big players, and end in a winner-take-all situation.
James Surowiecki
The history of the Internet is, in part, a series of opportunities missed.
James Surowiecki
The important thing about groupthink is that it works not so much by censoring dissent as by making dissent seem somehow improbable.
James Surowiecki
One of the problems that exacerbates procrastination is the feeling that you have lots of different things to do and no clear sense of which matter more, when they should be done, etc.
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.
James Surowiecki
On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.
James Surowiecki
What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.
James Surowiecki
If you thought the advent of the Internet, the spread of cheap and efficient information technology, and the growing fragmentation of the consumer market were all going to help smaller companies thrive at the expense of the slow-moving giants of the Fortune 500, apparently you were wrong.
James Surowiecki
No decision-making system is going to guarantee corporate success. The strategic decisions that corporations have to make are of mind-numbing complexity. But we know that the more power you give a single individual in the face of complexity and uncertainty, the more likely it is that bad decisions will get made.
James Surowiecki
In confusing stock options with ownership, corporations confuse trappings with substance.
James Surowiecki
On the simplest level, telecommuting makes it harder for people to have the kinds of informal interactions that are crucial to the way knowledge moves through an organization. The role that hallway chat plays in driving new ideas has become a cliche of business writing, but that doesn't make it less true.
James Surowiecki
Of course, presidents are always blamed or rewarded for the state of the economy.
James Surowiecki
Movies' mistrust of capitalism is almost as old as the medium itself.
James Surowiecki
Companies, like people, don't much like to change.
James Surowiecki
Under the right circumstances, groups are remarkably smart - smarter even sometimes than the smartest people in them.
James Surowiecki
Tough times have always lent themselves to nativist sentiments and closed-door policies. But in the case of highly skilled immigrants these policies are a recipe for stagnation.
James Surowiecki
You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.
James Surowiecki
There does seem to be some evidence that as people get older, they procrastinate less, perhaps because they feel the pressure of time more.
James Surowiecki
Sometimes even a smart crowd will make a mistake.
James Surowiecki
Markets work best when there's lots of information available and a historical track record to go on they excel at predicting things like horse races, election outcomes, and box-office results. But they're bad at predicting things like who will be the next Supreme Court nominee, as that depends on the whim of the president.
James Surowiecki