Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Bitcoin Hater Buffett Warns About 'Gambling Mood' Among Investors - U.Today
Warren Buffett, the 95-year-old “Oracle of Omaha” and a notorious critic of Bitcoin, has come up with one of his sharpest market warnings in years during the 2026 Berkshire Hathaway annual shareholder meeting.
Buffett characterized the current market environment as uniquely speculative.
“We’ve never had people in a more gambling mood than now,” Buffett stated, capturing the frenzied sentiment that has driven massive retail participation in highly volatile assets, including cryptocurrencies and short-term options.
HOT Stories
Bitcoiners Agree Satoshi’s Coins Must Remain Untouched
Ripple’s Schwartz Shuts Down Gag Order Rumors
“The market always feels like a church with a casino attached,” he explained. “People can move between the church and the casino. There are more people in the church and more people in the casino, but the casino has gotten very attractive to people.”
He specifically targeted the surge in short-term retail trading, dismissing it as completely devoid of fundamental investing principles. “If you’re buying one-day options or selling them, that is not speculating. That is gambling. Totally. There’s nobody who can explain why they’re buying an option for one day.”
Buffett acknowledged that this rampant speculation doesn’t mean the entire market is “terrible,” but he warned that it inevitably leads to irrational valuations. “It does mean that the prices for an awful lot of things will look very silly,” he cautioned.
His critique aligns closely with his long-held disdain for Bitcoin and other cryptocurrencies.
He has previously dismissed as unproductive assets driven purely by speculative fervor.
A historic changing of the guard
For the first time, Greg Abel led the proceedings as CEO, having taken the baton from Buffett at the start of 2026.
Abel guided the conglomerate through a wide array of topics, from efforts to improve the BNSF railway and insurance divisions to a pragmatic stance on artificial intelligence. “We’re not going to do AI for the sake of AI,” Abel assured shareholders.
To honor his predecessor, Abel hung a jersey from the rafters of the CHI Health Center
The meeting also featured a unique moment where a deepfake version of Buffett asked a question.