Market veteran Warren Buffett criticised the current stock market environment, highlighting that value investing is fizzling out as people prefer gambling instead.
"It is tough to find values when everybody is preferring gambling," the legendary investor said in his latest interview to CNBC. He added that there are times when opportunities are just thrown at an investor so fast, and then there are other times when the investor is lucky to find one thing in a couple of years. "And it should always be that the latter is what prevails," the 'Oracle of Omaha' said.
