Questions about succession will be front and center when shareholders convene May 3 in Omaha for the company’s annual meeting.

Berkshire Hathaway, the massive enterprise with its hand in various industries, also owns a sizable public equities portfolio. Directed by legendary investor Warren Buffett, the conglomerate has done a remarkable job compounding capital.

It's not difficult to find stocks likely to go up if the tariff dispute is resolved with a series of trade deals, but what if you want to be a bit defensive and buy some stocks with relatively less exposure to potential tariffs or even some upside exposure?