
Ep 391. Buffett’s Investment in Paramount, Streaming vs. Theaters, and Takeaways from Todd Combs’ Podcast
Focused Compounding
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The Risks of Streaming in the Movie Industry
I don't know how much faith I put in someone who has never looked at the movie industry before and now is looking at it from COVID today. You're taking three years of something that has a history of, you know, 30 times that for movies with talking and even longer for before that was silent movies. It's really hard to get up to date and understanding how to frame things better than other people do if it's your first every time looking at them. If you took the 2000 to 2010 period, versus the 2010 to today, it's like you feel very differently about what the risks are of everything.
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