I said, going into Iraq, "We've got to take threats seriously before they full materialize." I saw a threat. I fully believe it was the right decision to remove Saddam Hussein, and I fully believe the world is better off without him.
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
Our characterization of collective folly is that sound judgment is not feasible when there is forced or false agreement in groups. We also show how group polarization sets the stage for risky and even dangerous decisions to be made. How we navigate between false agreement and polarization is the kind of mastery that collective wisdom represents.
The administration took care of a source of instability in Iraq. Envision a world in which Saddam Hussein was rushing for a nuclear weapon to compete against Iran. My decision to remove Saddam Hussein was the correct decision in my judgment. We didn't find the weapons we thought we would find or the weapons everybody thought he had. But he was a significant source of instability.