[theshaper]

It has even happened to Buffet. Regarding the sale of his shares in Paramount:

“Actually, owning Paramount made me think even deeper, but I certainly looked harder about the whole question of what people do with their leisure time and what the governing principles are of running an entertainment business of any sort, whether it’s sports or movies or whatever it might be,” Buffett said. “I think I’m smarter now than I was a couple years ago, but I also think I’m poorer because I acquired the knowledge in the manner I did.” ← great quote

Source: https://www.hollywoodreporter.com/business/business-news/war...

[lkdfjlkdfjlg]

Buffet also lost billions in buying Dexter shoes or whatever the name was.