Tag: Warren Buffet

  • Warren Buffet’s Berkshire Hathaway acquires stake in Paramount Global

    Warren Buffet’s Berkshire Hathaway acquires stake in Paramount Global

    Mumbai: Warren Buffet’s Berkshire Hathaway has invested $2.6 billion in Paramount Global in the first quarter of 2022, as per a Securities and Exchange Commission filing that disclosed the quarterly stock trading activity of his Berkshire Hathaway holding company.

    On Monday, Paramount Global’s total market cap stood at $18.3 billion meaning Buffet’s stake in the company amounts to 15 per cent. As per a Variety report, Berkshire Hathaway purchased Class B shares whose owners do not have the same voting rights as Class A share owners largely held by National Amusements Inc, the holding company promoted by Shari Redstone.

    Paramount Global owns and operates the streaming service Paramount+ that competes with the streaming services of Netflix, Amazon, Disney, Warner Bros. Discovery, NBCUniversal, Apple and more. It also owns CBS, Comedy Central, MTV, Nickelodeon and Showtime.

    As chairman and CEO of Berkshire Hathaway, Buffet has gained a reputation as a value investor over his career. He is known for picking shares in companies that he believes are undervalued or misunderstood by the markets. He has been an on and off shareholder in Paramount Global’s predecessor Viacom. 

  • Decode the secrets to a perfect pitch on SHARK TANK – Season 9 powered by Garnier Men premiering on COLORS INFINITY

    Decode the secrets to a perfect pitch on SHARK TANK – Season 9 powered by Garnier Men premiering on COLORS INFINITY

    MUMBAI: “The difference between successful people and really successful people is that really successful people say no to almost everything.” – Warren Buffet. Universally considered as the guru of the business realm, the words of Warren Buffet are a guidebook to live by for established and ambitious entrepreneurs. Trying to transform their entrepreneurial dreams into reality, many go-getters aspiring to become the next Steve Jobs or Mark Zuckerberg come to SHARK TANK to convince a panel of tough, self-made, multi-millionaire and billionaire tycoons known as Sharks to invest in their business. These entrepreneurs get only one opportunity to pitch their business proposition and persuade the Sharks to turn their dreams into reality. Bringing back the exhilarating viewing experience that will trigger the entrepreneur in you, COLORS INFINITY showcases Season 9 of viewers’ favorite Business–Entertainment show – SHARK TANK, starting Thursday, May 17, on weekdays at 9pm.

    If only a business idea could thrive and succeed on the merits of its novelty and utility! Until such time, to turn those ideas into a viable and sustainable business these aspiring entrepreneurs need to raise funds. In a bid to secure funding for their business ventures, participants coming on the show will face the fiery and probing questions from some of the most prominent, respected and fearsome set of business magnates.

    Billionaire Sports Baron – Mark CubanSerial Venture Capitalist – Kevin O’LearyA person sitting on a chair

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    Queen of QVC – Lori GreinerReal Estate Mogul –  Barbara CorcoranA person sitting on a chair

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    Information Tech Tycoon – Robert HerjavecFashion Hotshot –   Daymond JohnA statue of a person sitting in a chair

    Description generated with high confidence    A person wearing a suit and tie

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    Joining the Sharks in the Tank for season 9 is a line-up of blockbuster guest Sharks including serial entrepreneur, investor and philanthropist Richard Branson; Spanx owner Sara Blakely; Skinnygirl founder Bethenny Frankel; iconic Smartwater and Vitaminwater brand-builder Rohan Oza; and legendary baseball player and businessman Alex Rodriguez.

    The start-up world is like a pool of opportunities where a great concept can either get lost in translation or turn into a business giant. Here are some businesses that managed to carve a niche and impress the Sharks on season 9;

    1.      Stasher – plastic-free reusable storage bag,

    2.      The Seventy2 – world’s finest complete 72-hour emergency survival system,

    3.      Hater – a dating app that matches the user with people based on what they hate,

    4.      The Wingman – USCG approved world’s thinnest and most versatile inflatable life jacket,

    5.      And Third Wave Water – dehydrated water in packets for brewing the perfect coffee; are only a few of the many ideas that wowed the Sharks this season.

    Showcasing another season full of remarkable inventions and insightful expert advice, Hashim D’souza – Head of Programming, English Entertainment, Viacom18, said, “SHARK TANK is the most revered business-entertainment reality show on television not only in the US but also internationally. With India’s expansive start-up culture and deep-rooted business mindset, SHARK TANK has become one of the most-watched shows on the channel, since the season 1 premiere on COLORS INFINITY. But the sterling performance and appeal of SHARK TANK doesn’t stop there, with the show finding a fanbase across age groups and milieu with its unique approach to reality television. Through this show, the channel goes beyond its staple English Entertainment audience by entertaining, educating and motivating while staying real and relevant. A crash course in the ‘Perfect Pitch’, Season 9 of SHARK TANK will be a class of Business:101, that further ups the ante for reality-entertainment shows on Indian television.”