Buffett: It’s tough to find values when everybody is preferring gambling

[crane]

https://www.cnbc.com/2026/07/15/warren- ... bling.html
Published Wed, Jul 15 2026 8:50 AM EDT
Sarah Min

Warren Buffett was critical of a stock market that he said is increasingly driven by speculative trading, as opposed to investing for the long term.

“It’s tough to find values when everybody is preferring gambling,” Buffett told CNBC’s Becky Quick.

The chairman of Berkshire Hathaway had sharp words on the stock market earlier this year. In May, he likened the stock market to “a church with a casino attached,” specifically calling out the surge in one-day options trading as “gambling.”

[Koolblabla]

https://www.cnbc.com/2026/07/15/warren- ... bling.html
Published Wed, Jul 15 2026 8:50 AM EDT
Sarah Min

Warren Buffett was critical of a stock market that he said is increasingly driven by speculative trading, as opposed to investing for the long term.

“It’s tough to find values when everybody is preferring gambling,” Buffett told CNBC’s Becky Quick.

The chairman of Berkshire Hathaway had sharp words on the stock market earlier this year. In May, he likened the stock market to “a church with a casino attached,” specifically calling out the surge in one-day options trading as “gambling.”

大量散户缺乏足够的信息，他们的直接参与当然是包含高度的赌博成分，但这种参与推高了股价从而使机构投资者受益，因此如果没有大的冲击导致整个资本市场崩盘，机构会非常欢迎这种赌博化的参与者