In a letter to publishers and editors, Warren Buffett said Berkshire Hathaway would probably purchase more newspapers in a few years. tinyurl.com/7odreje

Buffett claims he is an “addict” of reading newspapers and he thinks newspapers cover “towns and cities with a strong sense of community” will have a good future, according to this letter.

He also reassured his hands-off principle, saying “ "I have some strong political views, but Berkshire owns the paper — I don't. And Berkshire will always be non-political."”

Berkshire announced that it would buy the majority of Media General Inc’s paper for $142 million on May 17. And it snapped up 63 daily and weekly newspapers of Media General Inc.