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Buffett talks about AI stocks: He has invested US$31 billion, but he is not his favorite. He angrily denounces the speculative craze in US stocks and the people are keen on gamblin

2026-07-16·newswire-us-stock-085750

Buffett talks about AI stocks: He has invested US$31 billion, but he is not his favorite. He angrily denounces the speculative craze in US stocks and the people are keen on gambling.

Recently, 95-year-old Berkshire Hathaway Chairman Warren Buffett accepted an exclusive interview with CNBC host Becky Quick and criticized the current prevailing speculation in the U.S. stock market. He bluntly said that it is difficult to find companies with real long-term value amid the people's enthusiasm for gambling.

He also disclosed for the first time that the decision-making source of the group's large-scale deployment of Alphabet (Google's parent company) was himself, not Berkshire's new CEO Abel. Denounce the current speculative mania in the market In this interview, Buffett sharply criticized the current situation of rampant speculation in the U.S. stock market.

He bluntly stated that the current market is dominated by short-term trading and long-term value investment is marginalized. "When everyone just wants to gamble, it's difficult to find targets with real investment value." Buffett gave the core judgment.

In May of this year, he compared the current stock market to "a church with a casino" and specifically named the continued surge in one-day options trading, saying that the nature of this type of behavior is pure gambling. In 2026, the three major U.S. stock indexes hit record highs one after another.

Even if the conflict between the United States and Iran triggered shocks in the global energy market, it could not stop the market from rising. The current market is obviously divided. Many investors believe that the speculation bubble in stocks related to the AI industry chain is serious.

Financial instruments such as options and leveraged ETFs have further amplified speculation. A large number of retail investors have entered the market in batches and concentrated on buying popular targets such as Micron Technology and SpaceX.

As an investor who has practiced value investing throughout his life, Buffett lamented that high-quality investment opportunities are becoming increasingly rare, and investors must remain fully patient and strictly abide by investment disciplines. "There will be two extreme stages in the market.

One is when high-quality opportunities are overwhelming, and there are so many that people can't handle them; the other is when it takes two or three years and you are lucky to find a reliable target. And most of the time, the market is in the latter state." Buffett said.

He further analyzed the underlying reasons for the deep-rooted speculative culture in the market: "Human beings are naturally keen on speculative games, so the profits that can be earned by catering to speculators are far more than cultivating long-term value investors." Talking about heavy positioning of Alphabet: "I initiated it" The market had previously

speculated that Berkshire would continue to increase its investment in Alphabet during the year and spend $10 billion to participate in its private placement. This was a new layout idea after new CEO Greg Abel took office.

In the interview, Buffett revealed for the first time how the group incorporated Alphabet into one of its largest technology holding companies, and said that the idea for this blockbuster technology investment was originally proposed by himself. "This investment was my first proposal," Buffett said.

He also revealed the internal decision-making checks and balances of Berkshire: "All investment actions I make must be approved by Abel; I will also check any decisions he promotes.

We communicate almost every day, but the final decision-making power for implementation belongs to Abel." Public information shows that Berkshire disclosed its Alphabet position for the first time in the third quarter of 2025 and has continued to increase its holdings since then.

Earlier this year, Berkshire once again spent $10 billion to participate in Alphabet's private placement, and all the funds will be used for Google's artificial intelligence infrastructure construction. Berkshire’s total holdings in Alphabet currently exceed $31 billion.

Buffett announced his resignation as Berkshire CEO in May last year, and officially completed the handover of management rights in early 2026, with Abel taking over full control of the company's operations.

When talking about the logic of buying, Buffett reiterated the core principles of investment that he has adhered to for decades: "The core essence of investment is to find companies that can maintain high returns on capital over the long term." Even though the holding volume ranks among Berkshire's top holdings, Buffett bluntly stated that Alphabet is not

his favorite holding target: "There are at least four or five companies we hold, and I am more optimistic about them than Alphabet." Regarding the industry problems faced by Google and other AI track technology companies, Buffett directly pointed out the pressure of huge capital investment: "Now Google and a number of competitors have to invest hundreds of billions of funds to deploy AI, which is real money.

This is the industry competition they must participate in now. When they were purely operating computer software businesses in the early years, there was no need to burn such large amounts of money." He also talked about Berkshire's largest holding - Apple.

Even after Tim Cook announced that he would be stepping down as Apple CEO, Apple remains one of his favorite stocks. "I know more about Apple now than I did years ago," Buffett said.

"Apple has gathered a large number of top talents around the world, and everyone is continuing to study and doing their best to ensure that the company can continue its glorious development momentum in the future." (

#Stocks #Apple #Google #AI #Earnings

Full text

Buffett talks about AI stocks: He has invested US$31 billion, but he is not his favorite. He angrily denounces the speculative craze in US stocks and the people are keen on gambling

Recently, 95-year-old Berkshire Hathaway Chairman Warren Buffett accepted an exclusive interview with CNBC host Becky Quick and criticized the current prevailing speculation in the U.S. stock market. He bluntly said that it is difficult to find companies with real long-term value amid the people's enthusiasm for gambling. He also disclosed for the first time that the decision-making source of the group's large-scale deployment of Alphabet (Google's parent company) was himself, not Berkshire's new CEO Abel. Denounce the current speculative mania in the market In this interview, Buffett sharply criticized the current situation of rampant speculation in the U.S. stock market. He bluntly stated that the current market is dominated by short-term trading and long-term value investment is marginalized. "When everyone just wants to gamble, it's difficult to find targets with real investment value." Buffett gave the core judgment. In May of this year, he compared the current stock market to "a church with a casino" and specifically named the continued surge in one-day options trading, saying that the nature of this type of behavior is pure gambling. In 2026, the three major U.S. stock indexes hit record highs one after another. Even if the conflict between the United States and Iran triggered shocks in the global energy market, it could not stop the market from rising. The current market is obviously divided. Many investors believe that the speculation bubble in stocks related to the AI industry chain is serious. Financial instruments such as options and leveraged ETFs have further amplified speculation. A large number of retail investors have entered the market in batches and concentrated on buying popular targets such as Micron Technology and SpaceX. As an investor who has practiced value investing throughout his life, Buffett lamented that high-quality investment opportunities are becoming increasingly rare, and investors must remain fully patient and strictly abide by investment disciplines. "There will be two extreme stages in the market. One is when high-quality opportunities are overwhelming, and there are so many that people can't handle them; the other is when it takes two or three years and you are lucky to find a reliable target. And most of the time, the market is in the latter state." Buffett said. He further analyzed the underlying reasons for the deep-rooted speculative culture in the market: "Human beings are naturally keen on speculative games, so the profits that can be earned by catering to speculators are far more than cultivating long-term value investors." Talking about heavy positioning of Alphabet: "I initiated it" The market had previously speculated that Berkshire would continue to increase its investment in Alphabet during the year and spend $10 billion to participate in its private placement. This was a new layout idea after new CEO Greg Abel took office. In the interview, Buffett revealed for the first time how the group incorporated Alphabet into one of its largest technology holding companies, and said that the idea for this blockbuster technology investment was originally proposed by himself. "This investment was my first proposal," Buffett said. He also revealed the internal decision-making checks and balances of Berkshire: "All investment actions I make must be approved by Abel; I will also check any decisions he promotes. We communicate almost every day, but the final decision-making power for implementation belongs to Abel." Public information shows that Berkshire disclosed its Alphabet position for the first time in the third quarter of 2025 and has continued to increase its holdings since then. Earlier this year, Berkshire once again spent $10 billion to participate in Alphabet's private placement, and all the funds will be used for Google's artificial intelligence infrastructure construction. Berkshire’s total holdings in Alphabet currently exceed $31 billion. Buffett announced his resignation as Berkshire CEO in May last year, and officially completed the handover of management rights in early 2026, with Abel taking over full control of the company's operations. When talking about the logic of buying, Buffett reiterated the core principles of investment that he has adhered to for decades: "The core essence of investment is to find companies that can maintain high returns on capital over the long term." Even though the holding volume ranks among Berkshire's top holdings, Buffett bluntly stated that Alphabet is not his favorite holding target: "There are at least four or five companies we hold, and I am more optimistic about them than Alphabet." Regarding the industry problems faced by Google and other AI track technology companies, Buffett directly pointed out the pressure of huge capital investment: "Now Google and a number of competitors have to invest hundreds of billions of funds to deploy AI, which is real money. This is the industry competition they must participate in now. When they were purely operating computer software businesses in the early years, there was no need to burn such large amounts of money."

He also talked about Berkshire's largest holding - Apple. Even after Tim Cook announced that he would be stepping down as Apple CEO, Apple remains one of his favorite stocks. "I know more about Apple now than I did years ago," Buffett said. "Apple has gathered a large number of top talents around the world, and everyone is continuing to study and doing their best to ensure that the company can continue its glorious development momentum in the future." (

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