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The Death Spiral

Are Newspapers Dead at Lee Enterprises?

February 3, 2020February 3, 2020 daniel Are Newspapers Dead at Lee Enterprises?, Berkshire Hathaway (NYSE: BRK.A) is easy to understand because it is Warren Buffett’s house of cash. Essentially, Berkshire Hathaway Makes Money from Dying Newspapers, Ghost Newspapers and Zombie Advertisers, How Low Interest Rates Keep Newspapers Alive, How Newspapers Survive, Lee Enterprises, Lee Enterprises (NYSE: LEE), Newspapers are Doomed, Warren Buffett, What Value do Newspapers Have?, What Value does Lee Enterprises Have?

Buffett walks away from the newspaper business with $140 million in cash, and the potential to make another $976 million. I think this deal shows why Buffett is one of the smartest investors around.