Sunday, June 12, 2016

Have lunch with Warren Buffett for 3 million euros – Observer

If you are an investor, or you want to be and want to succeed in the choice of actions that will invest your money, you probably do not scorn the opportunity to have a private lunch with Warren Buffett. The billionaire, the third richest person in the world in 2015 according to the list compiled by US magazine Forbes, is one of the most successful investors of all time. And there are those who follow attentively their decisions and their advice to good use.

It happens to be in the presence of Buffett and be able to talk about investments while having lunch is not for everyone. It is necessary to receive lessons which can help increase fortune, already is owner of a well-stocked bank account.

Once a year, Buffett launches an auction. And who makes the highest bid wins award as the possibility to sit at the table with the “Oracle of Omaha”, nickname by which the investor is known. In 2016, the lucky winner, who remained anonymous, had to shell out $ 3.4 million [approximately three million], an amount identical to that which was offered in 2012 by another avid fan of talking to the leader of the holding Berkshire Hathaway.

the auction was held on Friday and the revenue earned will be used to finance a social solidarity institution that operates in San Francisco, California, the Glide Foundation that is dedicated to supporting homeless people. On eBay, platform through which was held the auction for a week, the sum equals the highest ever in a bid designed to benefit a charity.

In six of the last eight editions of this auction, winners offered over two million dollars. on Friday, the middle of the day, the highest bid was $ 2.6 million, 300,000 above what eventually came out the winner in the 2015 edition, which was won by a company based in Beijing, Dalian Zeus Entertainment. With this new auction, Warren Buffett has already managed to raise over $ 20 million [17.8 million euros] for the Glide, an organization that was submitted by the first wife, Susie, who died in 2004 and paid volunteer work at the institution.

the investor showed that during the lunches that last “several hours”, is confronted with the most diverse issues. Buffett, who holds major shareholder positions in companies such as Coca-Cola, IBM and Wells Fargo, but refuses to talk about a topic: What will be your next investment. Moreover, there is no taboos in the talks taking place usually in Wollensky restaurant, a steak house located in New York that makes an annual donation of at least ten thousand US dollars to Glide to ensure that the meal takes place on its premises. When the winning bidder wants to remain anonymous, lunch takes place elsewhere.

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