Fortune
Warren Buffett says markets are like a church with a casino attached, but ‘we’ve never had people in a more gambling mood than now’
Warren Buffett is sounding the alarm on speculative excess, warning that market gambling has reached historic highs. Speaking in his characteristically blunt fashion, Buffett drew a sharp distinction between long-term investing and the casino mentality now gripping markets. The concern isn't that investing has lost its value — it's that frothy prices on a wide range of assets are headed for a reckoning.
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Fortune
Disney’s new CEO is exploring a ‘super app’ for theme park tickets, movies and more
Disney CEO Bob Iger is pushing to consolidate the company's fragmented digital ecosystem into a single "super app" that would bundle streaming, theme park ticketing, and cruise bookings under one roof. The move mirrors strategies deployed by Asian tech giants like WeChat, bringing a one-stop-shop experience to Disney's sprawling entertainment empire. If executed well, it could deepen customer loyalty and unlock valuable data across Disney's businesses.
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