The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)

by Gautam Baid

The key finding in Le Bon’s work is that crowds are mentally unified at the lowest, most barbaric common denominator of their collective unconsciousness—instincts, passions, and feelings—not at the level of facts or reason.