Sunday, June 29, 2008

Eating a buffet with Buffett

Last Friday the most expensive charity eBay auction closed at $2.1 million dollars. The gift??? Lunch with financial genius, and currently the world's richest man, Warren Buffett. The winning bidder was an investment fund based in Hong Kong, the Pureheart China Growth Investment Fund. The sole winner was Zhao Danyang, who will dine with Mr. Buffett in New York City, at each of the other's earliest convenience. Last year's winners had their dinner with Mr. Buffett, just last Wednesday, so it might be awhile. For those of you who do not understand who Mr. Buffett is or why he is so influential, he is the richest man in the world, and is currently chairman and CEO of Berkshire Hathaway Inc. an invenstment group that owns sixty subsidiaries including insurance, candy, clothing and jewelry companies, and even has major stock in Coca-Cola, Inc. and Wells Fargo & Co. Basically Mr. Buffett is in the business of money making money, and is the best at it. And for a young upstart investment company in the fastest growing market in the world, his insight and guidance is invaluable. Congratulations to Mr. Danyang and his seven lucky guests.Image and video hosting by TinyPic
Mr. Warren Buffet

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