Mr. Buffett is a risk taker, and capitalist. He has found a niche market that has been faltering financially for the last five years, and now is investing money for sometimes pennies on the dollar to make more millions by parting out assets, property and inventories. Perhaps he has a strategy to re-purpose his ever-expanding collection of media companies into a new media unknown to us at present, but can be profitable after his clever hand of re-inventing a profit model that serves a new market. Giant newspapers in struggling economic markets are doing more with less, cutting staff members and expenses, and not having those obscene returns on investment they once enjoyed. All that coupled with a new generation that does not read newspapers takes these behemoths to the brink of failure -- too big, too bulky and too outdated. The reason they are for sale is management's embracing new technology of the last five years has put these large newspaper chains in debt while revenue has declined dramatically. The economic model for newspapers is broken. Perhaps, a person like Buffett with no ties or loyalty to the craft, can offer hope to develop new practices that can right the ship for the nation's large daily newspapers. It's now more about bottom lines instead of freedom of information and being a watchdog for the people as defined by our founding fathers in the constitution. The old saw, "When dog bites man, that's not news," has been replaced with "When man bites dog, that's news." When Buffett invests his millions in a struggling, dying media, people are watching to see how he will salvage his investment. Look at his track record -- it wasn't too long ago he was propping up railroads while others said the railroad has outlived its purpose as a mode of transportation. Look up how much he made by again creating a demand for rail service and look how much money that strategy has made him.