herdmentality: The Peril of Herd Mentality House Pricing - 11/04/19 08:18 AM
Of course, the herd MUST be heading the right direction, right? Maybe not!
What happens when the lead cow starts heading towards a 1000′ cliff?
Well . . . odds are good (without question) that most, if not all, of the herd will follow and perish. There’s an inherent tendency for folks to trust the herd . . . It’s a “safety in numbers” comfort zone thing.
To some degree, we ALL go the way of “the mass of men (who) lead lives of quiet desperation.”  (Henry David Thoreau)
We love “crowdthink” especially when the herd is going the direction we wish … (8 comments)

 
Barry Owen (Pareto Realty)

Barry Owen

Nashville, TN

More about me…

Pareto Realty

Address: 4012 Hillsboro Pike #5, Nashville, TN, 37215

Office: (615) 502-2080

Mobile: (615) 568-2123

Stream of consciousness commentary on the real estate industry from the perspective of a Principal Real Estate Broker and Founder of Pareto REalty, LLC in Middlle Tennessee - Also a Career Development Coach with vast Organizational Development/Transformation training and experience - in the industry since 1993


Listings

Links

Archives

RSS 2.0 Feed for this blog