Collective wisdom is about our capacity to recognize interdependence and to make decisions demonstrating that we have a stake in each other, that we can indeed care for each other and the physical planet we share.
When you know that somebody lost their loved one as a result of a decision that I made, that's a tough moment. If you're a faithful person you try to empathize with the suffering that that person is going through.
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
I want to make sure that as president of the United States that I'm not asserting in some way that my decisions overrule the decisions of prosecutors who are there to uphold the law.
From the beginning, I said that Israel, one, has a right to defend herself, but Israel ought to be cautious about how she defends herself. Israel's a democratically elected government. They make decisions on their own sovereignty. It's their decision-making that is what leads to the tactics they chose.
Make whatever decision you wish but never forget one thing: all of you are much better than you believed. Take advantage of the chance that tragedy has given you; not everyone is capable of doing so
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.
So when I had to make a decision whether I would like to do honors degree course in Islamic studies and Malay studies too, so I thought Islamic studies would be good.
One of the very difficult parts of the decision I made on the financial crisis was to use hardworking people's money to help prevent there to be a crisis.