Buffett: Berkshire to See Smaller Returns

Warren Buffett, the chairman of Berkshire Hathaway(BRK-A Quote), cautioned investors his company will have a hard time matching its past success, according to published media reports.

Speaking at his Berkshire's annual meeting in Omaha, Neb. Saturday, Buffett warned that in coming years returns from his company's equity portfolio, as well as gains from its own stock, won't be as strong as they have been in past decades, according to a MarketWatch report.

The so-called Oracle of Omaha suggested that Berkshire is a victim of its own success. The company has become so big that it finds it difficult to locate investments large enough to provide a significant impact to its results, Buffett said, according to the report.

Buffett, who is known for his folksy wisdom and straighforward pronouncements, said he would be happy if his company could generate 10% annual gains from common stocks but questioned whether that would happen, the report added. ...