Warren Buffett's Berkshire Hathaway made significant portfolio shifts in Q4, dramatically reducing its Amazon stake by over 75% while investing $351.7 million in New York Times Company. The strategic moves reflect Buffett's evolving investment approach, with notable adjustments in tech and media holdings. Berkshire trimmed positions in Bank of America and Apple, while increasing stakes in Chevron and Chubb. These changes suggest a potential recalibration of the investment strategy, focusing on more traditional sectors and media opportunities. The move into NYT Co. could indicate a belief in traditional media's resilience or potential growth. Berkshire now holds approximately 2.3 million Amazon shares, down from previous levels, signaling a more cautious stance toward tech investments.
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