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Berkshire Cuts Amazon Stake, Makes Bet on New York Times

Berkshire Hathaway Inc. slashed its holding in Amazon.com Inc. by more than 75% in the fourth quarter, while also building a stake in the New York Times Co. - Warren Buffett's last new bet as chief executive officer.  The conglomerate acquired 5.1 million shares of the media publishing company in the three months through December, a stake worth $351.7 million at year-end, according to a regulatory filing Tuesday. Bloomberg's Matthew Palazola joins to discuss. (Source: Bloomberg)