12 Words From Billionaire Warren Buffett That Will Echo Through Wall Street for Years to Come

Warren Buffett, who retired as Berkshire Hathaway CEO on Dec. 31, warns that the stock market is plagued by gambling culture rather than genuine investing. He criticizes current market valuations as excessive, with the Buffett indicator hitting an all-time high of 238.5% and the S&P 500's Shiller P/E ratio near 43, indicating a lack of value in today's market.