Humans love to gamble: 'Oracle of Omaha' Warren Buffett on speculative trading

Billionaire Warren Buffett warned that the stock market is increasingly being driven by speculative trading rather than long-term investing. "Since humans love to gamble so much, there's more money in actually cultivating gamblers than there is in cultivating investors," the 'Oracle of Omaha' said. He added that it is "tougher to find values when everybody is preferring gambling".