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"It is tough to find values when everybody is preferring gambling," Buffett said in his interview to CNBC in July. 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. Also read | Warren Buffett became a millionaire at 32. What he advises youth trying to copy his success Warren Buffett's 'gambling' warning "But since humans love to gamble so much, there is more money in actually cultivating gamblers than there are cultivating investors," the then Berkshire Hathaway Chairman said. Earlier in May too, Warren Buffett had warned against the growing "gambling" culture in financial markets, cautioning that speculative behavior is distorting asset prices and increasing risks for investors. He said that markets are resembling "a church with a casino attached", highlighting a widening divide between long-term investing and short-term speculation. "If you are buying one-day options or selling them, that is not investing, it is not speculating, it is gambling. We have never had people in a more gambling mood than now. It doesn't mean investing is terrible. It does mean prices for an awful lot of things look very silly," he said in an earlier interview with CNBC. Also read | Why Warren Buffett considers interest rates key to stock valuations Berkshire Hathaway speeds up investments While Buffett criticised the current market scenario, his firm Berkshire Hathaway has been pumping up its investments. The company under CEO Greg Abel has been increasing its stake in Google-parent Alphabet, making it one of Berkshire's five largest common stock holdings, led by iPhone maker Apple. Berkshire more than tripled its stake in Alphabet and purchased over $2.6 billion worth of shares in Delta Air Lines after Abel formally took over as chief executive from Warren Buffett at the start of the year. Greg Abel took over as the CEO of Berkshire Hathaway on January 1 this year. The succession plan, long anticipated by investors, saw Greg Abel assume operational control from January this year. Abel is also expected to lead Berkshire’s next annual shareholder meeting in Omaha, signaling a shift in day-to-day leadership even as Buffett remains an active presence. Despite the transition, Buffett had earlier indicated he would continue coming to the office, reinforcing his long-standing approach to investing and business. His continued engagement suggests that while Berkshire has entered a new phase structurally, its core investment philosophy shaped by Buffett is unlikely to see any abrupt change. Warren Buffett stepped down as chairman of Berkshire Hathaway last month, passing the baton to his son Howard Buffett after spending more than half a century in the role and transforming a struggling textile business into a more than $1 trillion enterprise. In his letter to Berkshire’s shareholders, the legendary market investor recalled celebrating his 96th birthday in August this year and recognizing that it was time to move on. "Father Time always wins," he reflected. Buffett said he still has the best job in the world after having served sixty-plus years in Berkshire since 1965. “That is not something many people my age can say, and I have never felt better about what comes next,” he wrote. “Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted. Father Time always wins. He has, however, been generous with me. He has given me the opportunity to see Berkshire reach a point where I am more confident than ever about what lies ahead. The company is in excellent hands, and I look forward to remaining a shareholder alongside you,” he added. Also read | Father time always wins! What Warren Buffett’s 4-word farewell message means Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. 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