Buffett Reverses Course With $342M Newspaper Bet

Dec. 11 (Bloomberg) -- Bloomberg's Scarlet Fu reports that billionaire Warren Buffett has spent $342 million purchasing 81 newspapers following his comments of three years ago stating newspapers were a dying medium. She speaks on Bloomberg Television's "Bloomberg Surveillance."

Have Markets Peaked?: What'd You Miss? (Full Show 04/29)
10:03 - Full episode of "What'd You Miss?" Guests include: Ben Laidler, HSBC Securities global equity strategist, Chris White, Viablemkts chief executive officer, and Meredith Sumpter, Eurasia Group Asia director. (Source: Bloomberg)
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