Buffett's New Stock Picks

Photograph by Scott Eells/Bloomberg

The Oracle of Omaha has looked into his crystal ball and seen some good omens in media’s future. Warren Buffett’s Berkshire Hathaway bought shares in Liberty Media, which owns Starz TV, and quadrupled its stake in DirecTV, to 20.3 million shares, according to regulatory filings that outlined the company’s $66 billion in holdings as of Dec. 31.

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