Are You Getting Perfection in Your Capital Allocation Department?

The reason we're satisfied with our utility returns and our railroad returns is they're quite satisfactory. We have not foregone any opportunity to buy businesses that earn high returns very high returns on equity capital. So they haven't shoved anything else off the table but you are you definitely have a job in our capital allocation department. Okay Carol. This question is from Max Taylor of Chicago and it concerns the newspapers that works your own. In 2012 you had a section devoted to Berkshire's buying 28 newspapers during the year just passed. Since then you have not come back to the newspaper subject but this year at the end of the annual report you published a list of the newspapers Berkshire owns today along with their circulation