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

Tech Insider
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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Warren Buffett's Berkshire Hathaway sees its market value surge to a new record of almost $800 billion

Tech Insider
Warren Buffett, chairman and CEO of Berkshire Hathaway, right, listens to Microsoft founder and Berkshire board member Bill Gates during an interview with Liz Claman of the Fox Business Network in Omaha, Neb., Monday, May 7, 2012.
Warren Buffett, chairman and CEO of Berkshire Hathaway, right, listens to Microsoft founder and Berkshire board member Bill Gates during an interview with Liz Claman of the Fox Business Network in Omaha, Neb., Monday, May 7
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