Asset Management

Why Warren Buffett says markets are a ‘gambling parlour’

The amount of speculation in the markets has given Berkshire a chance to spot undervalued businesses and put its $106bn cash reserve to work

OMAHA, Nebraska — As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying.

That is no longer the case.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire