Buffett's newspaper buy: commentary a...

Buffett's newspaper buy: commentary and analysis from around the web

There are 1 comment on the The Guardian story from May 17, 2012, titled Buffett's newspaper buy: commentary and analysis from around the web. In it, The Guardian reports that:

What does Warren Buffett know about newspapers that the rest of us don't? The investor and his Berkshire Hathaway Media Group announced today that it would buy 63 daily and weekly papers from Media General, for a cool $142m. That one of the world's most renowned investors would bet on the struggling print industry, when digital platforms like ... (more)

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Sonnyboy1

Grand Rapids, MI

#1 May 17, 2012
The Berkshire Hathaway group can afford to the newspapers, but can't pay the $1 billion they owe in back taxes? What a joke Buffet and his cronies are.

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