As expected, lunch with Warren did not go for as much this time around as it did last year.
Reuters: A bidder agreed to pay $1.68 million for a steak lunch with billionaire investor Warren Buffett in a charity auction completed Friday night, according to eBay Inc’s website, where the bidding took place.
The winning bid in the 10th annual fund-raiser fell short of last year’s record $2.11 million, paid by Hong Kong-based investor Zhao Danyang. The starting price was $25,000.
But then, 20% down is better than the Performance of Berkshire Hathaway (BRK), which is off 30% from last year.