Quotes About Crowd

But emotionalism (i.e., decision making based on emotions) is bad, can be controlled, and should be avoided. So instead of examining each of the many individual emotions, this chapter will focus on the entity that epitomizes emotionalism: the crowd.

There are three main characteristics that describe the mental state of an individual forming a part of a crowd. As you will see, the same characteristics can also be exhibited by an individual making investment and trading decisions. 1. A Sentiment of Invincible Power

So when an individual adheres to a market position despite the mounting losses, he is a crowd.

One of the most incomprehensible features of a crowd is the tenacity with which the members adhere to erroneous assumptions despite mounting evidence to challenge them.6 So when an individual adheres to a market position despite the mounting losses, he is a crowd.

If you have ever had a position on and intended to do one thing but actually did something else, then you were a member of the psychological crowd and made a crowd trade—whether you knew it or not. Otherwise, you would have done what you originally intended.

Remember, it is not a function of a quantity of individuals that determines if a psychological crowd has formed. Rather, it is a function of the characteristics displayed. If a person is exhibiting these characteristics, then he is part of a psychological crowd and is making crowd trades.

TWO PSYCHOLOGICAL CROWD MODELS Delusion Model

TWO PSYCHOLOGICAL CROWD MODELS Delusion Model The delusion model describes the process an individual becoming part of a psychological crowd before he has a position on. (1) Expectant Attention (2) Suggestion Made (3) Process of Contagion (4) Acceptance by All Present.

The Illusion Model The illusion model accurately describes the process of an individual becoming part of a psychological crowd after he has a position on. (1) Affirmation (2) Repetition (3) Prestige (4) Contagion

in the words of the father of contrary thinking, Humphrey Neil, "The crowd is most enthusiastic and optimistic when it should be cautious and prudent, and it is most fearful when it should be bold."7 On

We hope the future will turn out well, but we fear it won't. As members of the crowd we will always take these emotions to extremes. When the herd instinct combines with hope and fear in a market environment, we get panics and manias.

So instead of trying to monitor yourself for all the different emotions and what they might mean, simply monitor yourself for the few stages of crowd formation. By avoiding the tell-tale symptoms that accompany becoming part of the crowd, you will automatically avoid emotionalism.

Did you ever walk through a room that's packed with people, and feel so lonely you can hardly take the next step?

There is never any hint of the crowd splitting into factions; the Gospel writers give them one loud hectoring voice. Some commentators suppose they did this to spread the supposed guilt of the Jews evenly and universally; there were no dissenters.

As a professional athlete, I've been booed by 18,000 people.

A lot of work and thinking goes into my DJing. I want the entire night to progress seamlessly and when I have to adapt the energy on the fly for the crowd on any given night, I can do so with harmonic mixes that I've practiced over and over again. I am far from the only DJ that does this and it's something I take pride in being able to do.

If it wasn't for guys like Gary Moore, I wouldn't exist. He not only proved that the blues could rock but it could draw a crowd as well. All of which made a huge impression on me.

O gods, spare me the sight of this thankless breed, these politicians who cringe for favors from a screaming mob and do not care what harm they do their friends, providing they can please a crowd! Tell me, on what feeble grounds can you justify your vote of death?

In my civilian world at home in Los Angeles, half the people I know are on antidepressants or anti–panic attack drugs because they can't handle the stress of a mean boss or a crowd at the 7-Eleven when buying a Slurpee.

But airports lead you way back in history like oases, like the stops on the great trade routes. The sight of air travellers strolling in ones and twos into midnight airports will draw a small crowd any night up to two. The young people look at the planes, the older ones look at the passengers with a watchful incredulity.

as in a muddled carnival crowd an inefficient pickpocket may consider his chances increased.

They're a rotten crowd," I shouted across the lawn. "You're worth the whole damn bunch put together.

They're a rotten crowd. You're worth the whole damn bunch put together.

I played for England at cricket and football. Playing at Wembley in front of 60,000 people seemed better than playing at Cirencester in front of my family and friends.