Attention owners of small, dying newspaper across the nation: Warren Buffett’s warm embrace of print is not done yet. Buffett saved his local paper — The Omaha World Herald — last year, purchasing it for $200 million. According to The Telegraph, the 81-year-old is open to losing even more money:
I think there is a future for newspapers that exist in an area where there is a sense of community. We may buy more newspapers. I think the economics will be ok, but it will be nothing like the old days.
Huzzah! Now, quick, write an email to Buffett and ask him to save your publication. Actually, scratch that. Get in your car and drive to Buffett’s house to beg in person.
Oh, and don’t use the paper’s petty cash for beef jerky and gas along the way. That would be rude.