Warren Buffett’s cautionary tale: Why investors still chase ‘oil in hell’
- Posted on September 14, 2025
- By Business News Today
- 4 Views

Warren Buffett’s cautionary tale: Why investors still chase ‘oil in hell’

Warren Buffett often recalls Benjamin Grahams parable of “oil discovered in hell” to illustrate herd-driven investing. The tale highlights how fear of missing out and crowd psychology can overpower rational analysis, reminding investors to resist speculation and focus on intrinsic value.