Înapoi la știri

Warren Buffett says 'we've never had people in a more gambling mood than now' - Fortune

1 oră în urmă
4 minute min
Maria Popescu
Warren Buffett says 'we've never had people in a more gambling mood than now' - Fortune
Investing legend Warren Buffett bemoaned the gambling culture that has taken over financial markets while continuing to preach his brand of patience. In an interview with CNBC on Saturday as Berkshire Hathaway held its annual shareholders meeting, he noted that of the 60 years he’s been in business, only five of them were “really juicy” with opportunities. But when there are no good bargains to be found, the “oracle of Omaha” is fine doing nothing. That’s largely been the case for years. While Berkshire has acquired some smaller companies, the lack of mega-deals has sent the conglomerate’s cash pile to nearly $400 billion. Buffett stepped down as CEO at the end of last year, but he remains involved in the investment portfolio—and still doesn’t like the prices that he’s seeing. That’s due in part to investors acting like they’re playing a card game. To be sure, he’s long compared financial markets to a church with a casino attached. But the casino has gotten very attractive, he told CNBC. Buffett pointed to the growing popularity of one-day options, saying, “That’s not investing. It’s not speculating. It’s gambling, just totally.” He also cited the example of a U.S. Army soldier who made $400,000 on a prediction market, knowing in advance about the military’s raid to capture Venezuelan dictator Nicolas Maduro. Earlier this month, Justice Department charged him with insider trading. Meanwhile,
Publicitate
college and professional athletes have also been caught trying to manipulate prediction markets as online sports betting has exploded. “And the quantity of those things is just incredible,” Buffett said. “So we’ve never had people in a more gambling mood than now. But that doesn’t mean that investing is terrible. It does mean that prices for an awful lot of things will look very silly.” He has famously said the best time to buy is during steep downturns, urging investors to “be fearful when others are greedy, and greedy when others are fearful.” Buffett, who is still Berkshire’s chairman, reiterated that advice Saturday and said the most likely time to buy is when nobody will answer their phones because the markets are collapsing. Treasury Secretary Scott Bessent also pushed back recently against the get-rich-quick mindset many Americans have, warning it often leads to more financial instability. The billionaire former hedge fund manager has even made financial literacy a priority since joining President Donald Trump’s administration, driven by a childhood marred by poverty. “There are a lot of young people, mostly young men, going to blue-collar construction jobs, playing the lottery. It drives me crazy,” Bessent said in an interview with the Associated Press. ”The best thing you can do is not play the lottery,” he said — rather, people should invest and “then watch it grow.”
Alte postari din Economie
Economie

Piața imobiliară din Brașov arată semne de revenire în 2026

Piața imobiliară rezidențială din Brașov dă semne pozitive de redresare, conform celor mai recente date publicate în raportul Imobiliare.ro Market 360 pentru trimestrul I 2026. Cererea pentru locuințele vechi a crescut cu 9% față de ultimele trei luni din 2025, iar interesul cumpărătorilor se menține constant comparativ cu aceleași perioade din anul anterior.

Economie

Firmele non-IT din Regiunea Centru pot solicita granturi pentru digitalizare

În anul 2026, întreprinderile non-IT din cele șase județe ale Regiunii Centru vor putea accesa granturi IMM variind între 15.000 și 200.000 EUR pentru investiții în tehnologiile de inteligență artificială, realitate virtuală și alte soluții de digitalizare. Aceste fonduri sunt disponibile printr-un nou apel de proiecte, recent lansat în consultare publică de Agenția pentru Dezvoltare Regională (ADR) Centru, conform newsbv.ro.

Economie

GitHub va începe să taxeze utilizatorii Copilot în funcție de utilizarea reală a AI

GitHub a anunțat că va trece la un model de facturare bazat pe utilizare pentru serviciul său AI, GitHub Copilot, începând cu 1 iunie. Schimbarea este prezentată ca o modalitate de a „alinierea mai bună a prețurilor cu utilizarea efectivă” și un pas necesar pentru a menține Copilot financiar sustenabil, în contextul cererii tot mai mari pentru resurse limitate de calcul AI, conform arstechnica.com.

Acasa Recente Radio Județe