Ninety-two year old magnate Sidney Harman is interviewed in the January issue of Vanity Fair.
Seems people think he is nuts to have bought Newsweek. The publishing industry just isn't the money printing business it used to be.
Here's what Harman says: "I see Newsweek as a serious undertaking with a decent shot. Let me tell you something. I've made a living working in the 5 percent area."
What's your 5 percent?
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