Paramount: Warren Buffett Ditches $2.6 Billion Stake in Shocking Move!
Omaha, Nebraska – Warren Buffett announced at Berkshire Hathaway’s annual meeting that the company has divested its stake in Paramount Global after a two-year involvement. The renowned investor revealed that Berkshire had sold off all its shares in the entertainment company, resulting in significant losses. This decision marked the end of Buffett’s venture into Paramount, which began in May 2022 with a $2.6 billion investment that made Berkshire the largest shareholder. Since acquiring a stake …