Warren Buffett's company invests in the New York Times six years after he sold all his newspapers

February 18, 2026 - 10:50

In a notable shift, Warren Buffett's Berkshire Hathaway has taken a significant new position in The New York Times Company, investing approximately $350 million. This move comes just six years after Buffett sold off all of Berkshire's newspaper holdings, having previously forecasted a grim future for much of the traditional print industry.

The investment was revealed in a quarterly filing with the Securities and Exchange Commission, detailing Berkshire's stock portfolio. This filing is particularly significant as it reflects the final quarter with Buffett at the helm as chief executive officer.

The disclosure also highlighted other adjustments within Berkshire's vast portfolio. The conglomerate increased its stake in energy giant Chevron and continued its recent trend of trimming its substantial holdings in both Bank of America and Apple. The Chevron investment was made shortly before recent geopolitical events involving Venezuela.

This strategic purchase in the Times underscores a potential, albeit selective, reevaluation of the media landscape by one of the world's most watched investors. It signals a belief in the unique strength and digital transformation of a specific legacy institution amidst broader industry challenges.