According to Warren Buffett. seems all of the 28 papers he bought in 2011 are in the tank. All one has to do is enter a public dining facility and look around to see how many, if any are reading print newspapers or magazines. Usually just old coots like me who don't own smart phones.
Buffett’s latest pronouncement on the newspapers was actually an improvement from his previous position. Earlier this year, the billionaire told CNBC that only two newspapers had an “assured future” at that time, leaving the Washington Post off of his list. In the months since that appearance, Buffett’s opinion of the Jeff Bezos-owned paper has risen.
More @ Warren Buffett Says All But 3 American Newspapers Are Doomed (Video)
Buffett’s latest pronouncement on the newspapers was actually an improvement from his previous position. Earlier this year, the billionaire told CNBC that only two newspapers had an “assured future” at that time, leaving the Washington Post off of his list. In the months since that appearance, Buffett’s opinion of the Jeff Bezos-owned paper has risen.
More @ Warren Buffett Says All But 3 American Newspapers Are Doomed (Video)
