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Buffett warns investors not to gamble on stocks

Buffett warns investors not to gamble on stocks

Warren Buffett, at the Berkshire Hathaway’s annual meeting Saturday, warned people not to think investing is an easy way to make a fortune. ’There’s a lot more to picking stocks than figuring out what will be an incredible industry in the future,’ Buffett said, stressing that it can be tough to pick long-term winners. He said most people fare better by owning an S&P 500 index fund.

Clara
Clara
Nifl Lma
Nifl Lma 1 weeks

He is obviously right. Don't decide for yourself where you want to put your money. Give it to an expert that will gamble for you.

Just Keep Scrolling
Just Keep Scrolling 1 weeks

Stocks are just sophisticated gambling. It's akin to poker. The more you play the higher chance you have to win as your knowledge grows, so it's not purely gambling... But it's still gambling.

Karl S
Karl S 1 weeks

"Leave the stock market to the filthy rich, you peasants don't need to try to invest" - Right there is the rich privilege

Slevin Kelevra
Slevin Kelevra 1 weeks

Buy stock in his railroad. Biden is trying to hand him a fortune in tax dollars. Might as well get some of it back.

Emperor Tito
Emperor Tito 1 weeks

Gamble on crypto. You pick one winner and you can 20x in under a year. I already have.

Silence Dogood
Silence Dogood 1 weeks

Yea Warren your right...you don't gamble, you only bet on sure thingd from your insider info.

Christopher
Christopher 1 weeks

As someone who makes more investing these days than my actual job since last year, yeah following the news for stocks is not the best way to net profit. Crunching numbers and trading options, crypto, or investing in index funds are the best way to net good profit

Jack
Jack 1 weeks

Just old.

Eelco
Eelco 1 weeks

Be an intelligent investor.

Jackson
Jackson 1 weeks

You just summed up his investment philosophy in a sentence, nice lol

Adam
Adam 1 weeks

He’s right. You have no insider information. Where as he does.

bruh
bruh 1 weeks

Whoren buffnt tryna pump/dump spy Go away boomer trash

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Buffett warns investors not to gamble on stocks

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