Warren Buffett says "It’s tough to find values when everybody is preferring gambling." What are retail investors actually supposed to do right now?

During a recent interview, Warren Buffett dropped a line that pretty much sums up how a lot of us have been feeling about the market lately:

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He pointed out that when the financial industry makes more money cultivating day-traders, 0DTE options junkies, and speculative thrill-seekers than real long-term investors, the whole market starts acting like a giant casino.

When Berkshire Hathaway sits on roughly $400 billion in cash because valuations are stretched thin, it’s easy for a normal individual investor to feel lost. If the greatest value investor of all time is struggling to find good deals, what are everyday people trying to build wealth supposed to do?