Warren Buffett issues new warning, says tough to find value in market when everybody prefers gambling

Warren Buffett has reiterated his warning that the current financial markets resemble a casino, driven by widespread speculative and gambling behavior that makes finding genuine value difficult. The 95-year-old Berkshire Hathaway Chairman noted that humans love to gamble so much that there is more money in cultivating gamblers than investors, and cautioned that prices for an awful lot of things look very silly. His comments come amid sharp swings in global stock markets, with AI-driven tech rallies giving way to corrections, alongside geopolitical tensions and rising oil prices adding to volatility.