by thenewgreen

“It’s not a soft-headed business decision,” the 81-year-old investor tells me from his Omaha office. “It’s not going to move the needle at Berkshire Hathaway. If it were the widget business, I wouldn’t do it. The kind of earnings we’ll draw from our newspaper properties will be a very tiny fraction of, say, Burlington Railroad. But it’s not a dumb decision financially.”