Saturday, May 19, 2012

Buffett zigs when they zag

any thoughts on this?



- http://www2.wrbl.com/news/2012/may/17/billionare-warren-buffett-buys-media-general-newsp-ar-3811030
"Keepers"-- that’s what business tycoon Warren Buffet calls the 63 local newspapers he just bought for $ 142 million from WRBL’s parent company, Media General.



Media General announced Thursday that it has signed agreements with Berkshire Hathaway, Inc. to sell nearly all of its newspapers and secure new financing


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