Warren Buffett: When everyone is obsessed with gambling, value investment opportunities become harder to find Berkshire Hathaway Chairman Warren Buffett @WarrenBuffett said in a July 15 interview with CNBC that genuine investment opportunities don’t appear frequently—sometimes you’re lucky to come across a good opportunity every few years. However, humans love gambling too much, and the financial industry makes more money by 'cultivating gamblers' than by nurturing true investors. When everyone prefers gambling, it naturally becomes harder to find value investment targets. Truly rational investors only need to act when rare opportunities arise and remain patient the rest of the time. Source: CNBC