The charity aution for having lunch together with investment guru Warren Buffett sold for 2.11 million U.S. dollars in history, which surprised the world`s richest man. Buffett said recently that the time of lunch will not be prolonged due to the higher price than before.But people who had acquired such opportunity seemed to view it as good value for money. The one, who paid six hundred, fifty thousand dollars for the lunch last year, said that all the money he spent was worthful, as long as he could have a talk with the invest master. This year`s cost of dining with the [stocking god” is three times more than that of last year, and has made a record in EBay charity auction. [I was surprised by such high figure”, Buffett told an AP report on 1.Buy on , Enjoy the best NBA jerseys
The price of the lunch grows year after year, but the time of the conversation is not prolonged, so why such an opportunity can still attract more and more people? The CEO of the Ameican Aquamarine Capital Management, Guy Spier who had got the opportunity last year had lunch with Buffet as dreamed. Later, he explained with personal feel, the close “pilgrimage” trip to listen to the voice of investment guru is “valuable”.nba basketball jerseys Boots Before Youth Day
Spier asked every specific problem during their talk, while Buffett gave hints in simple and philosophical point of view. During the dialogue process ,Buffett often referred to his life and philosophy of dealing with things, for example, his father taught him when he was very young that to rely on his own judgments to discern right and wrong, instead of watching how others judge. ‘ Living upon our own standard, which is very important,’ Spier quoted Buffet’s words. To clarify whether you are acting in accordance with this principle, you just need to ask yourself a simple question: are you willing to be seen as the best lover by the whole world and the worst lover by yourself? Or vice versa. When the ideas above are applied into the invest, Buffet does very well: believe in himself totally, and invest in his ability, to cooperate with the person who have the same value.
When the dot-come economy was in rapid growth in late 1990, Buffet was severely attacked for not willing to invest in it, but he didn`t vacillate. Only after the bubble pop up did people, who calmed down from an investment fever, begin to understand his mind “What better example can you pursue?” Spier wrote on the “Time” magazine that “two days after we have lunch, the chance bid about the next luncheon came out on eBay, 210 million. The fact proved that: Our 65 million dollars is definitely a cheap price.”
On the day when having comment on the charity lunch, Buffett also visited the Food Brand D & Q, which owned by Berkshire Hathaway Inc., and enjoyed the latest ice cream while chatting with six local Girl Scouts. Buffett told these girls in secondary school or university that they’d better read more before entering the area of investment. ” It’s much better to have your own thoughts and research on investment,” Buffett said. When those children asked the world richest person how should they handle their money as they become a college student, Buffett answered, it is better for them not using credits, since the present rate is high and student would get into debt easily. “I may have bankruptcy if I borrowed money at age eighteen or twenty,” Buffett said.
Inspired by his deceased wife, Buffett who was endowned the title of “Stock Spirit” began to auction the opportunity to have dinner with him and donate all contributions to the Gilde in Sanfrancisco to salvate the poor, the hungry and the homeless. The auction, once held in San Francisco, was transferred to eBay in 2003.