Deep Tide TechFlow News. On May 03, according to Zhitong Caijing, Buffett, during an interview with reporters, compared the market to a “church with a casino attached” to distinguish traditional value investing from the current scorching hype of short-term options trading, as well as the increasingly heating speculative culture in prediction markets. He said, “People can freely switch between the church and the casino. Right now, there are still more people in the ‘church’ than in the ‘casino,’ but the casino’s appeal has become extremely strong. Buying or selling single-expiry options—this is neither investing nor speculation; at its core, it’s gambling.” Buffett said bluntly that the nationwide “gambling nature” sentiment has reached its peak.