Money Mindset & PsychologyHerding

Following the Herd

We trust a crowd even when it's wrong

Six people compare a few lines and all give the same wrong answer. You're next. Would you trust your eyes or the room?

You'll find out

  • How often people side with a wrong group
  • What one ally changes
  • How crowds pick hit songs

Why it matters

Markets are crowds answering out loud. Feeling the pull of the herd is the first step to noticing when it's pulling you.

About 3 min6 interactive slides · 5 questionsLesson 134 · Zone 15

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