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Someone paid $19 million for a steak lunch with Warren Buffett

Someone paid $19 million for a steak lunch with Warren Buffett
Well he's *** sent *** billionaire and an exceptional philanthropist. Taking advice from Berkshire Hathaway. Ceo Warren Buffett is kind of *** new brainer right? According to CNBC the oracle of Omaha dished out some advice to NBA students at the University of Florida in 1998 and told them that if they were to invest in one of their classmates it's best to choose *** person based on merit just because someone has the highest I. Q. Doesn't mean they're the best. So it's also true of the person with the richest parents. Buffett isn't just generous with his fortune committing to give 99% of his wealth to charity through the bill and Melinda Gates giving pledge. He also is generous with advice. He told yahoo finance that in order for investors to be successful they just need to buy *** cross section of America like investing in an S. And P. 500 index fund, then never listen to people like me or read the papers or do anything. Subsequently. He says the key to success is playing the long game. In *** shareholder's letter, he said our favorite holding period is forever. Most importantly the avid reader says to invest in yourself, he says that's how knowledge works. It builds up like compound interest
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Someone paid $19 million for a steak lunch with Warren Buffett
There really is no such thing as a free lunch.An anonymous bidder paid a record-breaking $19 million for a private steak lunch with legendary investor Warren Buffett. The sale was part of the 21st annual auction for a lunch with Buffett, produced in collaboration with eBay and the Glide Foundation, a San Francisco-based non-profit working on combating poverty, hunger, and homelessness.The bidding started with $25,000 on June 12 and ended with $19,000,100 from an anonymous bidder on Friday, according to a news release from eBay. This year's huge sum is more than four times the winning bid of $4,567,888 in 2019 -- the last auction before a hiatus due to the COVID-19 pandemic. 2019's winner was cryptocurrency entrepreneur Justin Sun.The mystery winner will enjoy a private lunch with Buffett and up to seven guests at Smith & Wollensky Steakhouse in New York City, says eBay.Unfortunately for aspiring investors hoping to top this year's record, this is the last year of the "power lunch" with Buffett. The annual auction has raised over $53 million for Glide."On behalf of GLIDE and those we serve, I thank Warren Buffett for his unwavering generosity, partnership and dedication, and for his incredible contribution to our mission," said the organization's president and CEO Karen Hanrahan in the news release.The auction was first started by the late Susie Buffett in 2000. Since 2003, eBay has managed the auction."We are incredibly proud that Warren Buffett's final Power Lunch has broken our all-time record of funds raised, with all proceeds supporting GLIDE's efforts to create pathways out of crisis and transform lives," said eBay CEO Jamie Iannone in the release.

There really is no such thing as a free lunch.

An anonymous bidder paid a record-breaking $19 million for a private steak lunch with legendary investor Warren Buffett. The sale was part of the 21st annual auction for a lunch with Buffett, produced in collaboration with eBay and the Glide Foundation, a San Francisco-based non-profit working on combating poverty, hunger, and homelessness.

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The bidding started with $25,000 on June 12 and ended with $19,000,100 from an anonymous bidder on Friday, This year's huge sum is more than four times the winning bid of $4,567,888 in 2019 -- the last auction before a hiatus due to the COVID-19 pandemic. 2019's winner was cryptocurrency entrepreneur Justin Sun.

The mystery winner will enjoy a private lunch with Buffett and up to seven guests at Smith & Wollensky Steakhouse in New York City, says eBay.

Unfortunately for aspiring investors hoping to top this year's record, this is the last year of the "power lunch" with Buffett. The annual auction has raised over $53 million for Glide.

"On behalf of GLIDE and those we serve, I thank Warren Buffett for his unwavering generosity, partnership and dedication, and for his incredible contribution to our mission," said the organization's president and CEO Karen Hanrahan in the news release.

The auction was first started by the late Susie Buffett in 2000. Since 2003, eBay has managed the auction.

"We are incredibly proud that Warren Buffett's final Power Lunch has broken our all-time record of funds raised, with all proceeds supporting GLIDE's efforts to create pathways out of crisis and transform lives," said eBay CEO Jamie Iannone in the release.