Warren Buffett Just Offered 11 Words of Warning That Could Reshape Your Investing Strategy
Warren Buffett has made several statements recently denouncing the idea of "gambling" in the financial markets.
Overview
Warren Buffett hasn't really hidden the fact that he's not a big fan of the current market environment.
He's said that investing in U.S. stocks at current valuation levels is like "playing with fire." He said that the recent pullback in the S&P 500 (SNPINDEX: ^GSPC) earlier this year was "nothing" and not even close to the level that would have motivated him to put Berkshire Hathaway's cash to use.
Details
At the 2026 Berkshire Hathaway shareholder meeting, the now-retired CEO added another quote to the growing list in case anybody was still unsure of his position: "We've never had people in a more gambling mood than now."
Source
Originally published at www.fool.com.