Warren Buffet is so happy with his recent acquisition of his home town newspaper, The World-Herald, he can’t wait to invest in older, even more obsolete technologies than inky newspapers.
Our nearly always unreliable sources tell us that the Oracle of Omaha had reached out to “The Buggy Whip Factory” in Southfield, Ma., which incidentally, is located in, ahem – – The Berkshires. He was disappointed to learn that a couple centuries ago, a company called Turner and Cook, actually made buggy whips at the site where “The Buggy Whip Factory” is now located. Today however, “The Buggy Whip Factory”, is just a popular antiques store.
Recently, telegraph wires have sparked with revelations that Berkshire Hathaway has its sites set on acquiring the patent rights for the Cisco Flip Camera.
Not only that, a carrier pigeon dropped a note (That’s not the only thing it dropped, dammit.) on our veranda. It said that Buffett’s is in “fast forward mode” to close a deal with Blockbuster Video. We have even heard rumors that he has been “focused” on an opportunity to take over the beleaguered Eastman Kodak Company.