top of page
  • Writer's pictureRuss Newton

Charlie Munger, partner of Warren Buffett.

We are going to miss these newspapers terribly," Munger said at the Daily Journal's annual shareholders meeting on Wednesday. “Each newspaper... was an independent bastion of power. The economic position was so impregnable… and the ethos of a journalist was to try to tell it like it is. And they really were a branch of the government —they called them the Fourth Estate, meaning the fourth branch of the government. It arose by accident. Now about 95% of [newspapers are] going to disappear and go away forever. And what do we get in substitute? We get a bunch of people who attract an audience because they’re crazy."


135 views2 comments

Recent Posts

See All

2 Comments


offngon
offngon
Feb 24, 2022

Thinking of you. Am sorry about your fall and hospital stay. Hope your feeling better. Look forward to your blogs. Take care of yourself. I miss you and love you lots.🤤😍 Aunt Jane

Like
Russ Newton
Russ Newton
Feb 24, 2022
Replying to

Aunt Jane,


Thank you so much. If you would have told either one of us I was going to die before you we both wouldn't have believed it. But I am racing to the exit and betting I will win this race! Love you!

Like
bottom of page