In our digital world of social media, blogs and the like, is the newspaper industry a dinosaur?
Only 11 newspaper businesses are publicly owned. Is it foolish to invest in them? Legendary investor Warren Buffett doesn't think so. He's acquired 28 papers in the past couple of years.
A veteran of 32 years at The Seattle Times, financial commentator Greg Heberlein, can't help but believe Buffett is on the right track.