Zhao Danyang just took the opportunity to have lunch with Buffett this year for $265.438 billion. Two days ago, last year's winning bidder just spent their "charity lunch date voucher"-Guy Speer, CEO of American hedge fund company Aquamarine Capital Management, and his companions had lunch with Buffett in a steak restaurant in new york. The lunch in nearly three hours cost $650,5438+0,000. Guy Speer wrote an article in Time magazine, telling the story of this sky-high lunch five days ago and lamenting that "every penny was worth it".

How much does it cost to have lunch with the richest man in the world? For me and my friend moniz Papole, the answer is $650,000. She also runs an investment fund in the United States. This is what we paid for the special treatment of having lunch with Warren Buffett on June 25th.

Every penny is worth it. Buffett is the most successful investor in history. He reached that peak and was quite moral. His philanthropy is as eye-catching as his stock picking skills. In 2006, he announced that he would donate tens of billions of dollars to the Bill and Melinda Gates Foundation, and the money we had lunch with him would be donated to the Glide Foundation. We think that having lunch with Buffett is a good way to do charity, but it is also the ultimate course for capital masters-an opportunity to observe closely what makes the "Sage of Omaha" manifest and learn from his wisdom.

So last week, my wife and I were sitting in Smith & Volynski and Buffett have lunch in a comfortable wooden pavilion. Moniz brought his wife and two daughters, who sat on both sides of Buffett. When the menu was delivered, Buffett joked that he wouldn't eat anything he didn't want to touch until he was five years old. He ordered a medium-rare steak, potato pancakes and cherry coke-an appropriate choice because his Berkshire Hathaway company is the largest shareholder of Coca-Cola.

Buffett did his homework. For example, he learned in advance that my wife was born in Salisbury, North Carolina. But after a short chat to relax us, it's time to get down to business. I mentioned that I recently found it difficult to do the right thing-reduce the fees I charged fund shareholders. He nodded sympathetically and said, "People always try to stop you from doing the right thing if it goes against tradition." When I asked if it was easy, he stopped to think, and then replied with a wry smile, "only a little."

Buffett has always attached importance to business reputation and only cooperated with people who share his values. We learned at lunch that he thanked his father for teaching him to rely on his own sense of right and wrong instead of seeking others' approval. When it comes to investment, nothing is more important than sober self-thinking, and Buffett is unparalleled in this respect. Buffett is very accomplished in resisting distracting noise. For example, he said that he even restricted contact with the managers of the enterprises he invested in, preferring to evaluate them by studying their financial records.

Buffett explained that he only pays attention to the investment within his ability, so he will never doubt himself at any time. One of moniz's daughters asked him which company he bought was his favorite. Buffett replied that he was particularly interested in the Government Employees Insurance Company (Geico), which is a high-profit insurance company wholly owned by Buffett.

Buffett can skillfully separate himself from himself to avoid any unnecessary distraction that may hinder his judgment. People usually try to persuade him to meet them to reach an investment project, but he can see through their tricks, especially their flattery, and says "no" much more than "yes".

One thing Buffett won't refuse is dessert. He happily tried a row of desserts and said to the waiter, "Give me some spoons. I want everyone to taste it. " His enthusiasm for life has obviously not diminished. In fact, in Berkshire Hathaway's latest annual report, he wrote that he and his 80-year-old partner Charles Munger feel excited every day, so they "tap dance to work".

Can you find a better example than this? How can you price the opportunity to spend nearly three hours with him? Two days after our dinner, Yi Bei ended the auction of having dinner with Buffett next year. The bidder is Zhao Danyang, a private equity fund manager in China, with a bid of $265.438 million+. This proves that our $650,654,38+00,000 is a good price.