BRIEF-Berkshire Hathaway's Warren Buffett says local community papers have better business models than big metro papers

March 4 Mon Mar 4, 2013 8:49am EST

March 4 (Reuters) - Berkshire Hathaway Inc : * Hathaway's Warren Buffett says local community papers have better business

models than big metro papers * Buffett is speaking on cnbc * Buffett: newspapers are good business currently, but declining * Buffett: the U.S. is a strong country and will overcome problems in

Washington * Buffett: railroads experimenting with engines that run on natural gas * Buffett: 'no thanks' on buying Chicago Tribune or L.A. Times

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