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Buffett defends Berkshire stock push, reassures on future as profit smashes record

Buffett defends Berkshire stock push, reassures on future as profit smashes record

NEW YORK (Reuters) – Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) as he labors through a four-year drought since his last major acquisition of a company. Buffett, 89, also used his annual letter to …

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