OMAHA, Neb.—Berkshire Hathaway Inc. has underperformed the S&P 500 for a decade, forcing Warren Buffett into a position he rarely resides: on the defensive. At the company’s widely attended annual meeting Saturday, Mr. Buffett, Berkshire’s 88-year-old chairman and chief executive, urged investors to keep the faith on a host of issues, including overall performance, his plans for future stock buybacks and even transparency.

Source: Wall Street Journal May 05, 2019 21:11 UTC