Strategic Seeing

Strategic Seeing

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Strategic Seeing
Strategic Seeing
Herd mentality

Herd mentality

Critical thinking, part 1

Svyatoslav Biryulin's avatar
Svyatoslav Biryulin
May 28, 2022
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Strategic Seeing
Strategic Seeing
Herd mentality
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Think clearly

Critical thinking, part 1

Herd mentality was first observed by the journalist Charles Mackay in his 1841 study of crowd psychology, Extraordinary Popular Decisions and the Madness of Crowds. Herd mentality happens when information that’s available to the group is deemed more valuable than privately held knowledge, regardless of the source or quality of that information. We often follow the crowd when it comes to serious decisions out of the belief that “so many people can’t be wrong.”

Herd mentality originates from the general human need to be a part of a group. Confronting group opinions takes courage and conscious effort many people are not capable of — we know this notion under the name of conformism. But also, there is some safety in the herd. We feel it both when we make decisions and if the decisions turned to be wrong. When the latter happens, we believe that it was caused by something so extraordinary that nobody could predict. So, we shouldn’t blame ourselves.

There…

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