The founder and chairman of Berkshire Hathaway, Warren Buffett, stated that speculative trading in the stock market has begun to dominate long-term investments. He made this remark in an interview with CNBC.
“It’s hard to find truly valuable assets when everyone prefers to make bets. Today, it’s more profitable to attract players than investors,” Buffett noted.
He emphasized that genuinely attractive investment opportunities are rare and require patience and discipline.
This year, the U.S. stock market has set new historical highs despite energy shocks and geopolitical tensions. Several analysts believe that the speculative activity in the market is largely driven by high interest in companies related to artificial intelligence, as well as the widespread use of leveraged ETFs and options.
The 95-year-old Buffett, who is considered one of the most prominent advocates of value investing strategy, stated that investors should not expect frequent exceptional opportunities.
“There are times when investment opportunities come one after another. But there are also years when even finding one truly valuable opportunity is a great success,” he said.
According to Bloomberg, Warren Buffett's net worth is currently around $147 billion, placing him among the top 10 richest people in the world.
