This kind of advice generally rests on it being useful to the majority. And I certainly have seen leaders who trusted their guts while making absolute dumb, idiotic and really avoidable mistakes on the way.
If you are a 2,5m of height and your basketball advice is to "just lift your arms and let the ball fall in", you are not wrong, but your advice only applies to yourself and a small minority with a similar physique. Similarily here, going with your gut is either good or absolutely horrible advice — depending on what someones gut tells them.
If you look at the history of violent crime for example, most of it was based on someone's gut feeling.
If you're the type who does a lot of overthinking and in hindsight could have just trusted your gut, it might indeed be good advice, if you're a bundle of bad impulses controlled by a thinking mind, rather not.
And advice that is not generally useful to all, should always be given with a caveat
Does it? Can you provide some examples?
My intuition rarely lets me down. Perhaps you don't have enough experience in the areas where you are trying to listen to your gut?
I'm sure if I was trying to apply my intuition to an area I didn't understand at all it would let me down.
That is different from listening to my intuition in a field I have been working in for almost two decades.