🚨 Warren Buffett says retail investors are gambling, not investing

At the 2026 Berkshire Hathaway shareholder meeting, the 95-year-old "Oracle of Omaha" warned that markets have become a "church with a casino attached" .

Buffett said one-day options trading is "not investing, not speculating — it's gambling" [15†L14-L16】.

"We've never had people in a more gambling mood than now," Buffett told CNBC .

He also warned about retail speculation in crypto, meme stocks and prediction markets .

Berkshire's cash pile has grown to nearly $400 billion as Buffett waits for better buying opportunities .

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