Live from the Archives: McKenna On Buffett, Berkshire Hathaway, and Kraft Heinz

What I wrote back in March 2019 after a multi-billion dollar write down at Kraft Heinz, and Berkshire Hathaway

The New York Times reported on January 29, 2020, that Warren Buffett and Berkshire Hathaway had sold the conglomerate’s 31 newspapers for $140 million in cash to Lee Enterprises, the publisher that has been managing the newspaper group’s operations for the past 18 months. Berkshire “had owned The Buffalo News since 1977 and within the past decade rapidl…