Warren Buffett warns against buying AI stocks during market euphoria. The S&P 500 is up 7% year to date, Nasdaq-100 up 15%. Buffett's value approach favors deeply discounted stocks trading below intrinsic value. He calls pessimism a friend, euphoria an enemy. Investors should avoid AI-driven rallies unless fundamentals justify low prices.
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Summary by ByteBrief
Schwab: Investors remain bullish, yet cautious