**Warren Buffett Warns on Markets and Dollar**

**Warren Buffett** expressed disappointment with markets and concern about the US dollar.

At the **Berkshire Hathaway** meeting, he called the stock market a "**church with an attached casino,"** saying **"the casino has never been so crowded."**

Buffett said he keeps **$380 billion** in cash because he understands current companies less and hasn't studied new industries for years, lacking an edge over younger specialists. 

On the dollar, he warned **America is "not insured" against runaway inflation**. He said a **real crisis could come suddenly**, like the 1914 assassination that triggered WWI.

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