Buffett’s casino comments raise an uncomfortable truth. Is biotechnology an investment, or is it more of a gambling casino? The honest answer is that it can be either.

Warren Buffett called out widespread gambling on stocks and the huge amounts being spent on AI. He also discussed his Alphabet wager.

Warren Buffett has cautioned that parts of the stock market increasingly resemble gambling rather than investing, as retail traders, AI-driven optimism and speculative options…