Berkshire Hathaway Sold Paramount Stock, Lost 'Quite a Bit' | Entrepreneur
Briefly

"I was 100% responsible for the Paramount decision," Buffett told attendees. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money. That happens in this business."
"Owning Paramount made me think even deeper... I think I'm smarter now than I was a couple years ago, but I also think I'm poorer because I acquired the knowledge in the manner I did," Buffett said during Saturday's meeting.
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