Blog Post

Buffett Bought A Small 3 Percent Stake in Dow Jones In Q2

Berkshire Hathaway, Warren Buffett’s holding company, bought a small 3 percent stake in Dow Jones (NYSE: DJ) in Q2, as the negotiations with News Corp were going on, according to an SEC filing, picked up by WSJ. Buffett has publicly voiced concerns in recent years about the newspaper-publishing industry, and has longtime stakes in Washington Post Co. and the Buffalo News.

Berkshire owned 2.78 million DJ shares valued at $159.8 million as of June 30, which equates to just over 3 percent.