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‘Church with a casino attached’: Buffett warns investors are gambling like never before

Warren Buffett said one-day options trading is ‘gambling’ and warned of rising speculative activity at Berkshire’s annual meeting. Warren Buffett said enthusiasm for short-term trading has reached elevated levels, drawing a distinction between traditional investing and activity in options and prediction markets, during remarks around the annual meeting of Berkshire Hathaway. Com... [2530 chars]

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