Paramount’s Major Mishap: Warren Buffett Dumps Stake at Loss, Reveals Regrets
Omaha, Nebraska – Renowned investor Warren Buffett made a surprising announcement during Berkshire Hathaway’s annual shareholder meeting, revealing that he had made the decision to sell off the company’s entire stake in Paramount at a loss. The move marked a significant shift in Berkshire’s investment strategy and raised eyebrows among industry insiders. Berkshire Hathaway had previously owned over 63 million shares of Paramount, but Buffett disclosed that the decision to divest was solely his own. …