Buffett warns of market resembling a casino; 0DTE options, NFTs soar post-Covid. Speculation frenzy evident. Why the gambling mentality?

Warren Buffett echoed Charlie Munger’s criticism in his annual letter, that the stock market has become increasingly “casino-like.” Buffett believes too many investors act as speculators rather than long-term investors focused on company fundamentals. The ease of online trading apps has made buying and selling stocks …

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