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Berkshire Hathaway

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FILE - In this file photo from May 1, 2013, billionaire investor Warren Buffett attends a seminar in Omaha, Neb. Buffett’s failure to beat the stock market in four of the past five years has inspired debate about whether Berkshire Hathaway’s 83-year-old CEO has lost his touch. Buffett and Berkshire Vice Chairman Charlie Munger are likely to face questions about the conglomerate’s performance when more than 30,000 shareholders gather for the company’s annual meeting in Omaha on Saturday. (AP Photo/Nati Harnik, File)

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FILE - In this file photo from May 5, 2013, Investor Warren Buffett high-fives a participant in a 5K run and walk organized by the Brooks Running Company, a Berkshire Hathaway subsidiary, in Omaha, Neb. Buffett’s failure to beat the stock market in four of the past five years has inspired debate about whether Berkshire Hathaway’s 83-year-old CEO has lost his touch. Buffett and Berkshire Vice Chairman Charlie Munger are likely to face questions about the conglomerate’s performance when more than 30,000 shareholders gather for the company’s annual meeting in Omaha on Saturday. (AP Photo/Nati Harnik, file)

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FILE - In this file photo from May 1, 2013, billionaire investor Warren Buffett applauds during a seminar in Omaha, Neb. Buffett’s failure to beat the stock market in four of the past five years has inspired debate about whether Berkshire Hathaway’s 83-year-old CEO has lost his touch. Buffett and Berkshire Vice Chairman Charlie Munger are likely to face questions about the conglomerate’s performance when more than 30,000 shareholders gather for the company’s annual meeting in Omaha on Saturday. (AP Photo/Nati Harnik, file)

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FILE - In this May 6, 2013, file photo, Berkshire Hathaway CEO and Chairman Warren Buffett speaks during an interview in Omaha, Neb. Buffett says he disapproves of Coca-Cola’s highly contested pay plan for its executives. Buffett, the beverage maker’s largest shareholder, called the plan “excessive” in an interview on CNBC after it was approved at the company’s annual meeting. But he said Berkshire Hathaway abstained from voting against the pay plan because he didn’t want to express disapproval of the company’s management. (AP Photo/Nati Harnik, File)

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FILE - In this May 6, 2013 file photo, Berkshire Hathaway CEO and Chairman Warren Buffett speaks during an interview in Omaha, Neb. Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, March 1, 2014. (AP Photo/Nati Harnik, File)

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Warren Buffett’s Berkshire Hathaway Inc. is planning to close the 10,000-circulation Manassas (Va.) News & Messenger, which began publishing in 1869 but has been struggling to compete with other outlets in the Washington suburbs. (Associated Press)

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Warren Buffett, chairman and CEO of Berkshire Hathaway, sings with University of Nebraska cheerleaders prior to the annual shareholders meeting in Omaha, Neb., Saturday, May 5, 2012. Berkshire Hathaway is holding it's annual shareholders meeting this weekend. (AP Photo/Dave Weaver)