Though this expenditure was substantial, the investor showed few signs of slowing down. As I mentioned at the end of last week, the investor hinted that he was still willing to spend an additional $10 billion in the event that an attractive big ticket purchase presented itself.
Warren Buffett has remained largely coy regarding the inspiration behind his most recent acquisition. When he eventually does break his silence, he can expect many to have their ears peeled. What do you think drove Warren Buffett to purchase his hometown newspaper? What are your feelings regarding the future of the newspaper industry in general? Feel free to leave a comment in the space blow. Written by Don Dion in Williamstown, Mass.RELATED ARTICLES:
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
|
|
DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
|
|
-0.60%
|
-0.22%
|
-0.07%
|
-0.80%
|
Data delayed 20 minutes |
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