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Warren Buffett said at the 2025 shareholders' meeting: The essence of capitalism is church culture + casino culture. (As shown in the picture)
I think this passage is a very profound understanding of the underlying rules of the world.
As long as human nature exists, such results are bound to occur. This rule, or rather human nature, is not a hundred percent church culture, nor is it a hundred percent casino culture, but rather a intertwining of the two.
Completely pursuing church culture or completely pursuing casino culture is an extreme.
Didn’t Buffett also start off by picking up cigarette butts in his early years?
I recommend everyone to take a serious look at the image and this paragraph.