Welcome to our coverage of the Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) annual shareholders' meeting, also known as Woodstock for Capitalists! While cameras are strictly prohibited in the arena with Warren Buffett and Charlie Munger, Brendan sneaked outside to the exhibition hall to offer a quick reaction to some of the Q&A session so far. After one question about how Buffett views risk, Buffett said, "We'll never risk what we have for what we don't have and don't need." In this video, Brendan talks about how Buffett and Munger view risk, and how it fits into their investment thesis. Make sure to follow Buffett and Munger's Q&A with our live chat. Even after Berkshire 2012 is over, check out this site to get a recap of the meeting, featuring everything from detailed notes on Buffett and Munger's Q&A to pictures and videos from the event.