Neat Buffett Quote About Newspapers

This article regarding the Brk-A 2009 shareholder meeting is pretty neat. Big Wb says newspapers continue to see unending losses, but that he won't sell the Buffalo Evening News or the Washington Post. Wowzers this doesn't make sense to me! Big WB says that they will make a little bit of money off of the Buffalo Evening news, but what about the Washington post? Is Kaplan really that profitable? Are people going to continue to buy high rpiced education these days? This says Kaplan is worth half of the Post's revenue. Wow big WB sure is smart not to sell wpo! Or is he? What do you think?

Felix Salmon Reviews Snowball

Felix Salmon wrote a really neat article about Snowball by Alice Schroeder. He is basically saying the book isn't worth reading unless you are a super duper fan of big WB, but I'm not sure - I read the book once, and since I'm a fast reader I think I'll go through it again and try and be as critical as Salmon was. I enjoyed the book, but hey, who doesn't love 900 pages of authorized big WB? Here's a great quotation from Salmon:

In other words, this is a book which doesn't just make it hard to make out the forest for the trees; it makes it hard to make out the trees for the texture of their bark and the exact shape and number of their branches.


He also suggests that reading Brk-A's annual reports written by big WB are more interesting to read, so I guess I'm going to have to find out for myself. I'll let you know what I find.

The First Brk-A Blog Poll - What should this have been titled?

Read this about the charity auction lunch with big WB and then please respond in the comments. I'd very much like to know what you think this post should have been titled. I'll say what I think in another post when someone comments.

Bummer, lunch with big WB ain't worth what it used to be.

or

Hooray! The big WB is on sale!

What do you think?

Welcome to The BrkA blog!

I like to read, learn, and write about big WB and his company. I think this is an exciting time for blogs, business and economics, so I'm going to look at one of the most exciting and interesting companies and its chairman everyday! Important things need lots of eyeballs, so here's to taking a closer, better look at big WB and BrkA!

This is definitely not a fan blog; it is going to be highly critical of everything concerning big WB and BrkA, but it's also going to be fun!

But, why not start out on a positive note? I read this article and immediately thought wow, owning Fruit of the Loom let's this guy make money in a recession and get inside data on the whole macro picture. Good thinking big WB!