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A comment on W. Buffett rips Wall Street for turning the stock market into a gambling parlor. Parent comment

Re:W. Buffett rips Wall Street for turning the stock market ... by McLaren_Ferrari on Saturday April 30, 2022 @07:30PM (#31220506)
Except Buffett is not referring to index investing but to stock picking. Mostly it's long with leverage on a single stock.

Most likely Tesla, GME, AMC.. If it's not stocks then it's crypto.

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Re:W. Buffett rips Wall Street for turning the stock market ... by ttfkam on Thursday May 05, 2022 @09:49PM (#31280330)
And crypto has precisely zero value unless enough people believe it does. Less intrinsic value in fact than tulips.

It will not end well.

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