Warren Buffett Thinks Investors Are “Gambling” Right Now. Here’s What Happened the Last Time He Uttered Those Words.
“It’s tough to find values when everybody is preferring gambling.” That was Warren Buffett’s blunt message in an interview with CNBC’s Becky Quick in mid-July. Those words echoed his statements in another CNBC interview during Berkshire Hathaway‘s (BRKA +0.21%) (BRKB +0.36%) annual shareholder meeting in May. The legendary investor said then that the stock market…