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According to a CCTV Finance report on the 16th, Warren Buffett, a well-known investor and chairman of Berkshire Hathaway, said in an interview with CNBC that the current US stock market is increasingly dominated by short-term speculative transactions rather than long-term investments. Buffett put it bluntly: “When everyone likes to 'gamble', it's hard to find a real investment of value.” This is not the first time this year that Buffett has criticized the chaos in US stocks. In May of this year, he referred to single-day rights transactions as “gambling.” Many market analysts have warned that stocks related to the artificial intelligence circuit are currently overheated, fueled by instruments such as options and leveraged exchange-traded funds. Ordinary retail investors are pouring into the stock market on a large scale, piling up to buy shares of memory chip companies such as Micron Technology, and newly listed companies such as SpaceX. Buffett said, “Sometimes, high-quality investment opportunities follow; but more often, investors are lucky to be able to find a quality opportunity within a few years, and the latter is the norm in the market.” “But since people love to 'gamble', it's more profitable to train 'gamblers' than to train investors.”

Zhitongcaijing·07/16/2026 11:17:05
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According to a CCTV Finance report on the 16th, Warren Buffett, a well-known investor and chairman of Berkshire Hathaway, said in an interview with CNBC that the current US stock market is increasingly dominated by short-term speculative transactions rather than long-term investments. Buffett put it bluntly: “When everyone likes to 'gamble', it's hard to find a real investment of value.” This is not the first time this year that Buffett has criticized the chaos in US stocks. In May of this year, he referred to single-day rights transactions as “gambling.” Many market analysts have warned that stocks related to the artificial intelligence circuit are currently overheated, fueled by instruments such as options and leveraged exchange-traded funds. Ordinary retail investors are pouring into the stock market on a large scale, piling up to buy shares of memory chip companies such as Micron Technology, and newly listed companies such as SpaceX. Buffett said, “Sometimes, high-quality investment opportunities follow; but more often, investors are lucky to be able to find a quality opportunity within a few years, and the latter is the norm in the market.” “But since people love to 'gamble', it's more profitable to train 'gamblers' than to train investors.”