Warren Buffett Didn't Buy Washington Post Because He's Considerate
Warren Buffett and his company — Berkshire Hathaway — have purchased plenty of newspapers over the past few years. And given that Buffett was once a paper boy for The Washington Post, many thought he might scoop it up, instead of Jeff Bezos. But Buffett passed on the paper.
He told Fortune that he didn’t buy WaPo because he knew no one else would want that dead weight dragging them down:
True, the company he heads, Berkshire Hathaway, was the largest shareholder of Washington Post Co; an owner of other newspapers: and a sort of natural buyer for the Post.
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