Warren Buffett often recalls Benjamin Graham’s 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.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The