Squawk Pod Reports: Berkshire Hathaway's Charlie Munger 2/16/23
Squawk Pod
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The Future of the Business Is Not in the Publishing Side
Daily journals' fastest growing subsidiary, journal technologies accounts for a large part of the company's earnings. We made a lot of extra money out of the publishing business in its heyday, and that was about $30 million. The future of this business is not in the publishing side, it's on the journal technology side. And like many publishing companies, which use news friend, it's a miracle when any survive.
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