$19mln Bid--What Would You Ask Buffett?

Tiger_comments
2022-06-21

On June 13, after two years, Warren Buffett's charity lunch resumed its auction again, which is also the last Buffett charity lunch auction. The winning bidder can bring up to 7 persons to have lunch with Warren Buffett.

On June 17, Buffett's last lunch auction draws record $19 mln bid. The price is over 4 times larger than Justin Sun's 2019 bid.

Everyone wants to have lunch with Warren Buffett

In 2000, the first Buffett charity lunch fetched a high price of $25,000, and in 2003, after the auction went online, it shot up tenfold.

However, such a sky-high lunch, per capita consumption of $100. It is reported that Warren Buffett charity lunch has been held several times in Smith & Wollensky restaurant, which is a steakhouse located in New York.

Of course, it does not matter what you eat, what is important is to what you talk about with Warren Buffett.

(But you cannot ask Buffett about his next investment plan.)

In 2006, Duan Yongping, known as China's Warren Buffett, took a shot at Buffett's lunch, and Colin Huang, later founder of $Pinduoduo Inc.(PDD)$ , went along with hime. Years later, when recalling that lunch, Colin Huang said, "Probably the greatest significance of this meal for me was that it made me realize the power of simplicity and common sense."

After lunch with Warren Buffett in 2007, hedge fund manager Guy Spier wrote a best-selling book, "The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment," claiming that Buffett changed his life. He shifted from an activist to a value investing practitioner.

Our topic is:

If you could have lunch with Warren Buffett, what questions would you ask him?

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