Warren Buffett Punked WaPo Publisher Katharine Graham

The Washington Post is getting a feature in the April Issue of Vanity Fair. An excerpt shows how investor Warren Buffett thinks that the Post’s business model is not working: “The Washington Post is a local newspaper,” he said. “The newsroom, kindled by what happened at Watergate, liked to think of themselves as national. And they are national, in an important respect, but they’re not national as a business. And they don’t have a business model that works nationally.”

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