Earlier this week, Warren Buffett bailed on the newspapers that he purchased less than a decade ago. That’s uncharacteristic for Buffett. Berkshire Hathaway, the massive conglomerate that Warren Buffett controls, typically acquires assets for the longterm, even when they lose money. Buffett’s so-called “love affair with newsprint” is over. The truth is Buffett never showed much love to the small to medium-sized newspapers that Berkshire Hathaway amassed.