More than 30,000 shareholders of Berkshire Hathaway are expected to descend on Omaha, Nebraska, for its annual meeting on May 4. There, they will celebrate the company and savor insights from its leadership at what could be one of the last meetings when CEO Warren Buffett and vice chairman Charlie Munger share the stage. Buffett is 88, and Munger, 95.

Berkshire holders, however, haven’t had a lot to cheer about lately as the stock has trailed the market this year amid frustration among some investors that Buffett continues to sit on more than $110bn of cash in what may be a fruitless quest for what he has called an “elephant-size” acquisition.