GeneralBearishFortune Crypto · 4h ago7/10
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Warren Buffett says markets are like a church with a casino attached, but ‘we’ve never had people in a more gambling mood than now’
Warren Buffett characterizes current market conditions as resembling a church with a casino attached, noting that unprecedented levels of speculation are driving asset valuations to unrealistic levels. While Buffett maintains that investing itself remains viable, he warns that many assets will appear significantly overpriced as gambling sentiment dominates market behavior.
