What's Next for Berkshire Hathaway: Barron's

Warren Buffett will be at center stage, as usual, during Berkshire Hathaway's annual meeting. But investors are increasingly looking for clues on what the company will be like when the longstanding CEO and chairman is no longer running it.

Berkshire could come under pressure to break itself up when the world's most acclaimed investor exits the stage. It might decide to pay a dividend rather than amass cash, as it does today while Buffett, 93, waits for investing opportunities. Buffett can...