Warren Buffett Warns Of ‘Casinolike’ Behavior In Markets As Coinbase Crashes Because Of ‘Heightened Traffic’ From Its ‘Robinhood Moment’

Warren Buffett cautioned he’s seeing signs of excess in markets, likening their price action to a casino. “For whatever reasons, markets now exhibit far more casinolike behavior than they did when I was young,” Buffett told Fortune magazine. While he might’ve been talking about stock markets, even more volatility in the crypto markets caused Coinbase …

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