Buffett Warns Not To Treat The Stock Market Like A Casino

Warren Buffett has made no secret about how he feels about gambling, and he especially warns investors against treating the stock market like a massive casino. From time to time, he has warned against taking on margin debt, or buying stocks with borrowed money, and piling on exotic investments.Q3 2020 hedge fund letters, conferences and moreGambling in the stock marketIn an interview with CNBC in February 2018 (via USA Today), he said many people “like to gamble in the stock market.” He described such a habit as “insane,” adding, “To risk starting all over again and losing everything is madnes…

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HEDGE accordingly