Thursday, December 29, 2011

People scoffed when Warren Buffett became the only investor getting into the newspaper business these days, but he expands his media holdings by buying a smoke-signal outfit, a telegraph company, a Dixie-cup-and-string telephone corporation and, finally, a cave-painting firm. By year's end, the Bard of Omaha has driven the Internet out of business. #2012prediction

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