Warren Buffett says Berkshire sold its entire Paramount stake and 'lost quite a bit of money'
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- Опубликовано: 3 май 2024
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If you look at Sumner Redstone's stock track record while he owned Paramount, you'd realize that Paramount/Viacom has been poorly run for a long time.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.
I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
'Vivian Jean Wilhelm ’is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
Finding financial advisors like Vivian Jean Wilhelm who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I also paid for the mistake. Better to get out than to lose it all.
Last year, I made the gravest mistake of my life by quitting a job in a FAANG company and joining Paramount for better work life balance. Now my career is in ruins and has spiraled down into disaster, playing politics non-stop. Trying to get to where I was could take years in this economy.
Every day going into the job thinking it could be my last. Useless Junk.
What do I think, you ask?
This Viacom, CBS, Paramount Global, could be a textbook example in a financial-economic college course as to how to have two great companies and bring them both to destruction as a result of poor management. Sadly, I have been a multi-decade shareholder.
Another move Buffet did that didn’t make sense in purchasing that poop
Now imagine Elon saying that about FSD and Robotaxis..
Incredible humility 👏👏👏
Non farm report 😞😞 was Very BAD. report SHOW THAT USA ECONOMY IS GOING TO HELL TO HARD RECESSION LANDING. ON MONDAY WE WILL SEE A BIG DROPPING IN S P. 2d cutting WILL BE MAYBE AFTER 2D QUARTER OF ....2025!! 😢😢😢 PREPARE FOR MARKET CORRECTION ON MONDAY. forget about rally BE FRIENDS WITH ELEMENTARY LOGIC
You have absolutely zero idea what you're talking about
Keep selling shares of great stocks to me. Thanks for your service!
My man today stocks went to hell
What does this tell folks? Hollywood is dead.
Not really, the winners are just changing. Netflix is doing quite well.
Warren is getting old, he barely can talk anymore
Show some respect
@@KK-pm7ud We all aging as a human being nothing wrong about it
He is about TO DIE. I can tell! The way he talks is too different than the way he did 2 years ago.
Got dam cuzz. All capitals. He might outlive you
He shorted their stock on purpose. And by doing so committed to crime. The crime that he’s been committing for years to all of his competition. He’s not a savvy businessman. He’s a criminal.
Berkshire Hathaway don't short. Buffet and Charlie have talked about this many times.
Also, they were major shareholders in paramount. They sold their stake, it's not the same as shorting.
You have literally zero clue what you're commenting
@@aightm8 when you intentionally take a loss, it’s called short changing a stock! And it’s a crime and he will be investigated. And this is not the first time that he has done it.
@@christopherpierce3835 no. Anyone who owns anything has a right to sell it, whether it's a business or a pair of shoes. Selling at a loss is just called selling. "Shorting" is a completely different thing, it's a contract whereby you borrow shares from a broker and then immediately sell them. At a later date you must then buy back the same amount of shares and return them to the broker, with interest.
If the price went down you will make money. If the price goes up you will lose money. The broker takes a margin at the start of the contract, to ensure that the borrower is solvent when it comes time to return the shares.
That is shorting, which is not illegal.
Selling when you know you will make a loss is also not illegal, or immoral.
@@aightm8 are u sure they don't even use options to hedge? because that is shorting by itself
@@zo9fg they've criticized shorting many times, and their portfolio is publicly reported in their 13F so I don't think so