Aurora NE: “Shame on you, Mr. Buffett”

by Dave Bradley

Shame on you, Warren Buffet.

You, the Oracle of Omaha, the third richest person in the world, the man who owns more than 30 daily newspapers in the United States (including Omaha, York, Grand Island and Scottsbluff) just got done trashing the newspaper industry in an interview with Yahoo Finance, saying in no uncertain terms that it’s “toast”.

Just hold on money bags. I beg to differ.

Okay, even if you were referring more to the largest newspapers in our country (and that’s still unclear), newspapers as a whole usually fit and stick together. What affects one usually affects another.

But sir, to come out and put a blanket statement on newspapers, at this point in time, is just terribly wrong, even if you did serve on the board of directors at the Washington Post for 37 years.

You assume too much, and you, of all people, should know better.

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