Is the US stock market turning into a "casino"? Ackman warns that high-leverage speculation is exacerbating market volatility, and he is bullish on Visa (V.US), Mastercard (MA.US), and Netflix (NFLX.US)

Zhitong Finance APP has learned that billionaire investor and founder of Pershing Square Capital Management, Bill Ackman, warned that as highly leveraged trading and speculative activities become increasingly prevalent, the U.S. stock market is experiencing more and more irrational price fluctuations and even risks turning back into a "casino." However, he also pointed out that this market imbalance creates opportunities for long-term investors to buy high-quality companies at low prices.