2024 Annual Meeting

Buffett: We sold entire Paramount stake at a loss

Warren Buffett reveals that Berkshire Hathaway has sold its entire remaining stake in Paramount Global and "we lost quite a bit of money." He takes 100% responsibility for the position but says the experience has helped him learn more about what people do with their leisure time and how that is affecting entertainment companies.

Mon, May 6 2024 • 12:07 AM EDT