Warren Buffett says Berkshire sold its entire Paramount stake and 'lost quite a bit of money'
I should just throw this out there since there’s been speculation on we’ve sold. Hey, I was 100% responsible for the Paramount decision. I read speculation that that one either Ted or Todd had some involvement of that. No, it was 100% my decision and we sold it all and we lost quite a bit of money and and and that happens in this business too but. Actually owning Paramount. Made me think even further. I like to think deeper, but I certainly look. Harder even about about the whole question of what people do with their leisure time and and you know, what the governing principles are of running an entertainment business of any sort, whether it’s sports or movies or whatever it might be. And I think I’m smarter now than I was here or to a couple years ago, but I also think I’m poor because I acquired the knowledge of the manner I did. But. I just want to be very clear that that A we lost money on per month and B and I did it all by myself folks.