Analog, Warren Buffett and Digital Media - Why Warren Buffett invests in newspapers: " You essentially have a business that will make a lot of money if you are terrific, it will make a lot of money if you're lousy," Buffett said, "...how good a newspaper is depends entirely on the wishes of its owner. There is no correlation between profits and excellence," Buffett added, "there's really nothing like that in American business." Enjoy nearly a full 60 minutes of Warren Buffet's (all too rare) public teaching style in this recently uploaded video from 1992.
posted by spock
on Sep 28, 2012 -