Warren Buffett Is Sending Shockwaves Through Wall Street With This Warning. Here’s What History Says May Happen Next.

Warren Buffett warned that excessive 'gambling' in the stock market and high valuations similar to pre-dot-com crash levels could lead to a market pullback. Despite the S&P 500's 78% gain over three years driven by AI enthusiasm, Buffett advises investors to focus on quality stocks at reasonable valuations rather than chasing quick gains.