“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses one by one.”

Emphasising the difficulty of resisting collective error · Extraordinary Popular Delusions and the Madness of Crowds, preface

• Hope
• Truth

“Every age has its peculiar folly—some scheme, project, or fantasy into which it plunges, spurred on either by the love of gain, the necessity of excitement, or the mere force of imitation.”

Observing how profit, excitement, and imitation drive mass behaviour · Extraordinary Popular Delusions and the Madness of Crowds, preface

• Fame
• Truth

“Millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first.”

Reflecting on the recurring cycles of public fascination · Extraordinary Popular Delusions and the Madness of Crowds, preface

• Fame
• Truth