Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Piyush Shukla

Quote of the day by Jim Rogers: "Never act upon wishful thinking. Act without checking the facts, and chances are that..." — Life lessons on critical thinking, financial wisdom, and why checking facts before following the crowd can shape a more successful life by the legendary American investor and bestselling author

Quote of the Day by Jim Rogers offers a powerful reminder that facts should always come before feelings. The legendary American investor believed that careful research, patience, and independent thinking are the real foundations of success. His timeless words continue to guide investors, entrepreneurs, students, and anyone looking to make better life choices.

Metaphorically, being "swept away along with the mob" paints a vivid picture of a flash flood. When market euphoria or popular narrative takes over, individuals who have not anchored themselves with verified facts are easily carried off by the current. Rogers points out that the mob rarely acts on deep analysis; it moves on raw emotion, FOMO (fear of missing out), and shared assumptions.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.