It's always nice to treat yourself to a fancy, expensive lunch once in a while, but three and a half million dollars? That's how much it would cost you to have lunch with the legendary investor Warren Buffett, in a charity auction that ended last Friday night. The winning bidder, who asked to remain anonymous, will sit down with Buffett at a cost of $3,456,789, with the proceeds going to a San Francisco charity that helps feed the homeless.
Buffett has a famous fondness for hot dogs, which would be an
awfully disapopinting lunch for someone who had paid over $3 million for
the meal. But this one, as in years past, will be taking place at the
New York City steakhouse Smith and Wollensky's.
And the winner may well be getting more than investing tips. The winner of this auction in each of the past two years was a hedge fund manager named Ted Wechsler. After their luncheons together, Buffett was impressed enough with Wechsler to hire him at Berkshire Hathaway, his investing vehicle.
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