Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Chinese man pays $2.1 million for Buffett lunch

by Tony Sagami on June 30, 2008

in Asian Market, Housing Market, Stock Market in China

I admire a lot of things about Warren Buffett, but I especially admire all the philanthropic work he does. One of the
highest profile charitable things he regularly does is auction off a lunch with him.

In the past, I’ve seen people spend hundreds of thousands of dollars to lunch with Buffett

Last week, a Chinese hedge fund manager paid
$2.1 million
for the privilege. That is more than triple last year’s record of $650,100.

To me, what this really shows is how vigorously China
has embraced capitalism.

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