Warren Buffettsays he has sold all of his shares inParamount Globalat a significant loss.
We sold it all and we lost quite a bit of money.
That happens in this business.
Warren BuffettDaniel Zuchnik/WireImage
(Watch a clip of him above.)
He dryly added, I think Im smarter than I was a year or two years ago.
But I also think Im poorer because I acquired the knowledge in the manner I did.
That deal has a preliminary pricetag of $26 billion and would likely see all shareholders paid a premium.
