taken out of context and quoted here, but please read this by howard marks before you form an opinion:
We just cannot allow a simple majority of those who vote to directly decide important issues like Brexit. First, fewer people vote than we would hope, so decisions can turn on the wishes of a relatively small group. And second, many voters may lack the knowledge and analytical skills necessary for good decision-making. Consider the questions asked most often on Google in the UK in the hours after the Brexit polls closed: “What does it mean to leave the EU?” and “What is the EU?” Presumably many of the people asking these questions were the same ones who had just decided Britain’s future. It might have been better if they had asked those questions before the vote.