When Buffett called bull on Wall Street's games

By the early 2000s, Wall Street was grappling with a growing sense of distrust. The dotcom bubble had burst, leaving many investors burned, and corporate scandals like Enron and WorldCom shattered faith in financial reporting. In the midst of this turmoil, Warren Buffett stepped forward with his trademark clarity, questioning the practices that were driving the market's instability and calling out the myths that were masking the risks.

This article was originally published on April 25, 2025.