Warren Buffett says Berkshire sold entire Paramount holdings at a loss

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Warren Buffett said on Saturday Berkshire Hathaway sold its entire holding in Paramount at a loss, a decision he said was his sole responsibility. "It was 100% my decision and we've sold it all and we lost quite a bit of money," Buffett said while speaking at Berkshire's annual shareholder meeting in Omaha, Nebraska. The Omaha-based conglomerate had 63.3 million Paramount Global Class B shares as of the end of 2023.