3 ms·
The Washington Post is only a small piece of the WPO company, which has a market cap of $4.4 Billion. So by my math Buffett paid $11 million for a 20% share of
by jsyedidia 13y ago
The Washington Post is only a small piece of the WPO company, which has a market cap of $4.4 Billion. So by my math Buffett paid $11 million for a 20% share of a company that's now worth $4.4 Billion, or a net return of 80 times over 40 years, which isn't up to Buffett's usual returns, but not too bad.