warren buffett
NEW YORK: Warren Buffett forcefully defended Berkshire Hathaway Inc's decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major acquisition of a company.
Buffett, 89, also used his annual letter to Berkshire shareholders on Saturday to assure they should not worry about the future of the company, which is "100% prepared" for when he and 96-year-old Vice Chairman Charlie Munger are no longer around.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
