Warren Buffett has been a newshound all his life. He is known to read five newspapers a day including the Wall Street Journal, The New York Times, USA Today, The Financial Times, and the Omaha World-Herald. His affinity for handling
Daily Journal Corporation: Declining Publisher or Rising Hedge Fund?
Daily Journal Corporation publishes several newspapers in California and Arizona with a specific focus on topics of interest to the legal and real estate professions. Read this article for more details on the company and the interesting turn of events in recent years that involve a large portfolio of marketable securities.
Newspapers Face Difficult Future Despite iPad Breakthrough
When Apple unveiled the iPad in late January, many observers speculated that Steve Jobs may be on the verge of delivering a device capable of saving newspapers from an inexorable decline. It is difficult to visit an Apple Store to test the iPad without being impressed by the elegance of the device and the possibilities that exist for delivery of news. The form factor of the iPad makes the experience vastly superior to reading news on a traditional computer. However, the iPad is not salvation for the industry. Read this article for more details.
Rupert Murdoch on Business Models for Online News
Rupert Murdoch is bullish on prospects for organizations offering differentiated news content to charge for access to online editions. Read this article for more information and a brief video.