For your entertainment, if that's really the right word, here's a video clip of Warren Buffett singing "I'm Only a Paperboy" to the tune of 1933's "It's Only a Paper Moon" at last weekend's Omaha Press Club Show.
The clip is courtesy of Omaha.com , the website of the Omaha World-Herald. Berkshire Hathaway [ BRK.A 170952.00 -1629.00 (-0.94%) ] bought the newspaper late last year, despite his belief the industry doesn't have a very bright future.
The news release announcing the deal notes that Buffett sees the purchase as "consistent" with a past owner's "vision for local ownership."
At the Omaha show, Buffett is praised, also in song, for rescuing the paper.
Buffett has been a newspaper fan for a long time, going back to his childhood when he delivered thousands of copies of the Washington Post.
During his song, you can see him fold several newspapers into tight, tossable projectiles and launch them into the crowd. He's very proud of that skill and has offered to take on "all comers" in a newspaper tossing challenge to be held at next month's Berkshire shareholders meeting.
Berkshire has owned the largest institutional stake in the Washington Post Company since the 1970s.Page 1 of 2 | Next Page