Buffett: Value Investing Gets Harder as Speculation Dominates Markets
Berkshire's chairman told CNBC that truly attractive opportunities arrive once every few years, and that a financial industry incentivized to feed gamblers makes the wait longer.
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Berkshire's chairman told CNBC that truly attractive opportunities arrive once every few years, and that a financial industry incentivized to feed gamblers makes the wait longer.
Warren Buffett's cash hoard is now larger than the GDP of most countries, a signal that even the world's most patient capital is bracing for something it would rather not name.