Warren Buffett of Berkshire Hathaway (BRK/A-NYSE) auctions himself off for a lunch every year in a benefit for the Glide Foundation. He has been doing the auction on eBay, and you wouldn’t believe what the bidding is up to. eBay has this luncheon auction up at $300,100.00.
Bidding started at $25,000.00 and it says that there have so far been 60 bids. Bidding ends Friday night at 19:00 Pacific Time, so there are roughly 38 hours left in bidding. The winner will getto have lunch at Smith & Wollensky in New York on a date determined by Mr. Buffett and the winning bidder. This has been going on for a while, and you have to wonder just what the winner gets out of this besides bragging rights.
If you want to track the Oracle of Omaha’s lunch auction, you can do so here on eBay.
Jon C. Ogg
June 28, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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