Buffett defends investments in stocks, which fueled record Berkshire profit
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NEW YORK (Reuters) - Warren Buffett on Saturday defended Berkshire Hathaway Inc's decision to invest heavily in the stocks of companies such as Apple Inc , while giving new details about how Berkshire Hathaway is prepared for his death in an annual letter to shareholders posted on the company's website.The letter, which is widely read on Wall Street, came as Berkshire Hathaway posted record full year earnings of $81.42 billion that nearly doubled its previous record from 2017, largely as a..