Warren Buffet Makes Sense

[SockPuppet]

Here is Warren Buffett's letter to the Publishers and Editors of Berkshire Hathaway’s Daily Newspapers:

http://jimromenesko.com/2012/05/24/warren-buffetts-letter-his-editors-and-publishers/

Here's part of it:

I believe newspapers that intensively cover their communities will have a good future. It’s your job to make your paper indispensable to anyone who cares about what is going on in your city or town.

That will mean both maintaining your news hole — a newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well and thoroughly covering all aspects of area life, particularly local sports. No one has ever stopped reading when half-way through a story that was about them or their neighbors.

 

[Cosmo]

As someone who is now under the B-H umbrella, this makes me very happy.

 

[Stitch]

That's all good to say the news hole matters, so let's see if any layoffs or any other cutbacks are on the horizon.