If being the biggest company was a guarantee of success, we'd all be using IBM computers and driving GM cars. James Surowiecki bigcarcompany Change image and share on social
Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks. James Surowiecki bankcentralchoice Change image and share on social
In confusing stock options with ownership, corporations confuse trappings with substance. James Surowiecki confusecorporationoption Change image and share on social
You can't be rich unless everyone else agrees that you're rich. James Surowiecki agreerich Change image and share on social
A long-term crisis, after a certain point, no longer seems like a crisis. It seems like the way things are. James Surowiecki crisislongpoint Change image and share on social
You might say that economic history is the history of people learning to manage risk. James Surowiecki economichistorylearn Change image and share on social
Art collecting has traditionally been the domain of wealthy individuals in search of rewards beyond the purely financial. James Surowiecki artcollectdomain Change image and share on social
All things being equal, letting people make decisions for themselves will produce smarter outcomes, collectively, than relying on government planners. James Surowiecki collectivelydecisionequal Change image and share on social
Defense contractors are able to reap tremendous profits while rarely confronting the risks for which those profits are supposed to be the reward. James Surowiecki confrontcontractordefense Change image and share on social
We assume that good-looking people are smarter and more effective than they really are, and that homely people are the reverse. James Surowiecki assumeeffectivegood Change image and share on social