저자: 파일럿 · 한국인
요약 보기
버핏의 버크셔가 4분기 13F에서 애플·아마존을 대량 매도하고 뉴욕타임스(NYT)를 약 507만 주 신규 매수했다고 분석. NYT는 매출 10%대 성장, 영업이익 23.1% 증가, 디지털 유료구독자 1200만 명 이상, 부채비율 66%→46%로 개선. 평균 매수가 약 69달러 추정, 현재 사상 최고가 근처. 버핏식 장기 보유와 분할매수를 권고.
다듬은 글
Warren Buffett, the master of stock investment, sold Amazon and Apple and bought a large amount of this stock. Wall and Buffett actually served as chairman of Berkshire Hathaway until the end of December 2025 and stepped down thereafter. But as I stepped down, I thought the last investment was Google, but there was one more.
It is the New York Times. In the stock holdings report for the fourth quarter of 2025 that Berkshire Hathaway submitted to the U.S. Securities and Exchange Commission yesterday, there were quite a few changes to its portfolio. Since it is the fourth quarter of 2025, it is the last investment Warren Buffett was involved in .
However, Warren Buffett sold quite a lot of Apple, which he cherished the most. And Amazon disposed of a large amount. If you look at the 13F report containing the stock holding status. Uh, as of 2025, Amazon has sold a whopping 77% of its 10 million shares, leaving only 2.3 million shares. Apple disclosed that it holds 228 million shares after selling 4% of its existing holdings .
And now, what stands out is that while the existing stocks have risen a lot and could be sold, the New York Times has been newly purchased. We are the New York Times, a newspaper. It is a media company. Is this media company really worth buying or selling a Big Tech company? You know I'm a bit curious about that.
In the case of The New York Times, we newly purchased 5.07 million shares, which is roughly equivalent to about 500 million won in Korean currency . Usually, Warren Buffett is only involved in purchases worth over $1 billion—roughly 1.5 trillion won in Korean currency . Actually, there is a very high probability that Warren Buffett was involved in this.
This is because Wall and Buffett have a very deep affection for newspaper companies, having worked as newspaper deliverymen since they were young, starting at the age of 11. And you've always really liked newspapers, you know. So, many experts are speculating that it was Warren Buffett who bought it, rather than the successor, Greg Abel, choosing it .
The New York Times is actually seeing some results. Last year's operating profit increased by a whopping 23.1% compared to the previous year . If you look at the financial statements, not only operating profit but also revenue increased by more than 10% year-on-year to $2.83 billion in 2025. Besides, EPS is also earnings per share.
Uh, it has been steadily increasing for five years. In the case of Fur, it used to be around 45, but uh, based on last year's figures, it dropped to 37 . The stock price did rise quite a bit, but I view that increase as having been sufficiently supported by operating profit . And the debt ratio also decreased from 66% to 46%.
You might think, "Who reads newspapers these days?" but in reality, many people are subscribing now that the number of paid subscribers has shifted to digital . The number of paid subscribers has exceeded a whopping 12 million. Five years ago, it was roughly 7 million people, so while it isn't nearly double, you could say that it has achieved growth close to double.
And Wall and Buffett's average purchase price hasn't been revealed yet. If we divide the value of The New York Times disclosed by Warren Buffett by the number of shares, we get the average purchase price. The average price is estimated at $69. The New York Times is currently breaking through its all-time high of $77, boosted by Warren Buffett's buying .
It is roughly 10% correct compared to the price Wall and Buffett bought it for. However, we do n't need to think that we missed out because it went up a lot again. Because basically, when Warren Buffett buys stocks, his average holding period is close to 30 years . Except for some stocks, the point is that if you make an average purchase, you hold the stock for 30 years .
And when we think about it, since we invested 500 million and it went up 10% to earn 50 billion, it does n't really look like Wallace Buffett would come out. So, it would be good if we took an interest in The New York Times as well . There was a similar case in the past . Warren Buffett's Berkshire Hathaway bought Google for about 6 trillion won at $240.
Uh, I've mentioned this before, too . However, at the time that report came out, Google's stock price was $270. Even at that time, it had risen by about 10%. So, despite that, I mentioned that it might be okay to accumulate shares, but if you look at Google's stock price now, it is $314. Then, if we had saved the $270 without thinking it was too late, we would have a return of over 10% .
So, while it is good to find companies directly, if you find and invest in a company through a trustworthy source like this, I think it would be beneficial for us to use that as a reference as well. Of course, what is the most important thing? It is the standard method. When I mention examples like Warren Buffett, people often think, "Oh, Warren Buffett went in there, so we should go in and make money too," and start investing 100 million won.
But that is not how you should do it. We are entering into a formalized form. Because Warren Buffett bought it, there could be a bit of an overshoot right now. It’s not just us who think that; many investors around the world are saying, "Hey, Wall Street Buffett bought Google." Because people flock to the stock due to rumors like "Warrior and Buffett bought The New York Times," an overshoot can occur where the stock price momentarily rises above the company's actual value .
So, if we do n't overextend ourselves and buy gradually in installments, it is good because we can continue to buy even if the stock price drops a little. Today's topic is that Warren Buffett sold Apple and Amazon and bought The New York Times . However, the New York Times has been showing a very good trend for several years, including revenue, operating profit, EPS, and even P/E ratio.
I think it would be good to organize it that way . I sincerely thank you for studying with me today.
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