Why Warren Buffett's Paramount bet may have cost him $1.5 billion

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Warren Buffett, Chairman and CEO of Berkshire Hathaway, makes his way to a morning session at the Allen & Company Sun Valley Conference on July 13, 2023 in Sun Valley, Idaho.
Warren Buffett says he lost "quite a bit" of money on Berkshire Hathaway's investment in Paramount.

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Elon Musk says Warren Buffett should buy Tesla stock. Here's why he probably never will.

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Warren Buffett (left) and Elon Musk (right)

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How Warren Buffett, set to turn 94 this year, is thinking about his age and his business

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Berkshire Hathaway Chairman Warren Buffett attends the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Nebraska.

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Warren Buffett rings the alarm on AI, comparing it to the atomic bomb and warning it will supercharge fraud

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Warren Buffett.

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Warren Buffett's company just slashed its Apple stake — and grew its cash pile to a record $189 billion

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Warren Buffett's Berkshire Hathaway grew its cash pile to a new record as it sold a net $17 billion of stocks last quarter.

REUTERS/Rick Wilking

More CEOs are deciding the stress, pressure, and loneliness are just not worth the money

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Noel Quinn
Noel Quinn is stepping down as CEO of the bank HSBC.

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Here's what 93-year-old Warren Buffett and YouTuber Ryan Trahan, 25, have in common

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Warren Buffett and Ryan Trahan
Warren Buffett and Ryan Trahan.

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Warren Buffett's real-estate firm will spend $250M to get out of legal hot water

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Warren Buffett

Charlie Rose

Microchip giant TSMC strikes $11.6 billion deal with Biden to boost production in Arizona

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President Joe Biden and TSMC chairman Mark Liu.

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Reed Hastings says he kept losing money as an investor so he sticks to owning Netflix stock and index funds

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reed hastings
Netflix cofounder and former CEO Reed Hastings.

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