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Berkshire Shook Up Its Holdings. Pay Attention to What It Didn’t Do, Too.

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Berkshire Hathaway


cut its equity stakes in Bank of New York and Activision Blizzard and increased its holding in Louisiana-Pacific in the fourth quarter, according to filings released Tuesday.

But it’s what Warren Buffett didn’t do that may be the most interesting aspect of the firm’s 13-G.

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