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Buffett Warns Market Is Gambling | Durham News
Warren Buffett’s latest Berkshire Hathaway warning is a wake-up call: markets are in a gambling frenzy like never before, fueled by hype, not fundamentals. With $397 billion in cash on hand — the most ever — Buffett’s hoarding signals he sees the market as dangerously overvalued, echoing his “church with a casino” metaphor. His Buffett Indicator is soaring past 233%, rivaling dot-com bubble highs, and other metrics confirm we’re in uncharted territory. While stocks keep climbing, Buffett’s message is simple: stay patient, value wisely, and brace for a correction — because when the bubble…
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