everybody. it was a great deal for everyone but the reader. and that all broke up, and they don't have anything to replace it with. they are pining for somebody to ride in on a white horse and that person doesn't exist. >> there is no way he is buying these to make money. 90% of the papers are owned by really rich people who want a hobby and a pulpit. papers don't make money. >> yes, they do. >> wall street journal, new york times, chicago tribune. >> you can make 10 to 12% profit margin which is higher than what wal-mart makes. they were leveraged like crazy and their evaluations have tanked. no one wants to buy it because nobody will sell it. if you want to buy and hold -- that's what warren buffet is doing. awesome. that's a money printing machine. you just fire enough journalists to keep the 10 to 12% profit margin. that is one of the most profitable business models in america over the last half century. >> maybe it is the writer's way of saying prematurely you can't fire me. i...