At the 2025 shareholder meeting, Buffett stated: The essence of capitalism is church culture plus casino culture. (See picture) I think this statement represents a profound understanding of the underlying rules governing the world. As long as human nature exists, this outcome is inevitable. This rule, or human nature, is not 100% church culture or 100% casino culture, but rather a tangled web of both. To pursue either church culture or casino culture exclusively is an extreme. Didn't Buffett also start his career by picking up cigarette butts? I recommend everyone carefully consider this statement in the picture.