As the two-hour afternoon session of Berkshire Hathaway’s annual shareholder meeting wound to a close, the conglomerate’s chief of 60 years declared that he’d just gotten the “five-minute warning, exclamation point,

Warren Buffett’s Berkshire Hathaway sold its shares of Citigroup during the first quarter, while trimming its stakes in Bank of America and Capital One.

Warren Buffett’s retirement as CEO overshadowed Berkshire Hathaway’s results. While wildfire losses hurt results, GEICO saw marked improvement, and the cash hoard grew.