Buffett’s Favorite Income Investment
March 25, 2009 at 09:29 AM EDT
In 1977, a newspaper from Buffalo sued Warren Buffett . At the time, Buffalo had two newspapers. Warren Buffett had just bought the Buffalo Evening News . The Buffalo Courier-Express was worried Buffett was trying to run it out of business to get a monopoly on Buffalo’s advertising revenue. The judge agreed and ordered an…