Why Buffett doesn't give to super PACs

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2012 Annual Meeting

Why Buffett doesn't give to super PACs

Warren Buffett explains why he believes "the whole idea of super PACs is wrong."

Sat, May 5 2012 • 1:00 PM EDT

More From 2012 Annual Meeting

2012 Annual Meeting Highlight Reel

Morning Session - 2012 Meeting

Afternoon Session - 2012 Meeting

Business schools have made investing "more difficult"

Should Buffett be less vocal about his political views?

Buffett after cancer diagnosis: "I feel terrific"

Newspapers still fulfill "an important function"

Amazon is "really terrible" for retailers

Buffett explains the "Buffett Rule" for taxes

"You can't bring a lot back if it never left"

The stock market is a "psychotic drunk"

Berkshire managers "get to paint their own paintings"

What motivates Berkshire managers?

Does Berkshire share information across its businesses?

"We've been a student of other people's folly"