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Investing

Buffett Glide Lunch Auction Off to Strong Start in 2014

Photo of Jon C. Ogg
By Jon C. Ogg Published

Buffet

Having lunch with Warren Buffett is not something that many people get to do. So, once a year  Warren Buffett auctions of a luncheon to the highest bidder. That is now up again for 2014, and the highest bid on eBay as of 3:30 p.m. EST on Monday, June 2 was listed at $350,300.00.

The official bidding ends on June 6, 2014 at 7:30 p.m. Pacific Time (10 p.m. EST). The bidding in 2013 ended at a somewhat disappointing $1,000,100 for lunch with Warren Buffett, but prior years’ lunch bids were for over $2 million. The record was north of $3.45 million in 2012.

ALSO READ: Warren Buffett’s Highest Yielding Dividend Stocks

One thing to remember here is that not all of these luncheons are just charity for those who have lunch with Mr. Buffett. It turns out that Warren Buffett hired Ted Weschler as a portfolio manager for Berkshire Hathaway Inc. (NYSE: BRK-A) after he won two auctions for the lunch.

Bids will continue until the expiration time.

A bid history on eBay is offered below, and of course this shields the buyer’s real name:

Member Id: r***1( 2 )     US $350,300.00
Jun-01-14 20:14:21 PDT

Member Id: j***w( 0 )     US $350,200.00
Jun-02-14 05:47:01 PDT

Member Id: a***k( 0 )     US $350,000.00
Jun-02-14 03:32:44 PDT

Member Id: a***k( 0 )     US $300,000.00
Jun-02-14 03:24:10 PDT

Member Id: a***k( 0 )     US $195,000.00
Jun-02-14 03:19:43 PDT

Member Id: a***k( 0 )     US $191,000.00
Jun-02-14 03:19:25 PDT

Member Id: a***k( 0 )     US $190,500.00
Jun-02-14 03:18:39 PDT

Member Id: a***k( 0 )     US $190,000.00
Jun-02-14 03:14:12 PDT

Member Id: a***k( 0 )     US $180,000.00
Jun-02-14 03:13:59 PDT

Member Id: a***k( 0 )     US $170,000.00
Jun-02-14 03:13:50 PDT

Member Id: a***k( 0 )     US $165,000.00
Jun-02-14 03:13:40 PDT

Member Id: a***k( 0 )     US $159,000.00
Jun-02-14 03:13:24 PDT

Member Id: a***k( 0 )     US $158,000.00
Jun-02-14 03:13:11 PDT

Member Id: a***k( 0 )     US $157,000.00
Jun-02-14 03:12:56 PDT

Member Id: a***k( 0 )     US $156,500.00
Jun-02-14 03:12:37 PDT

Member Id: a***k( 0 )     US $156,000.00
Jun-02-14 03:12:03 PDT

Member Id: a***k( 0 )     US $155,000.00
Jun-02-14 03:11:20 PDT

Member Id: 1***e( 8 )     US $151,100.00
Jun-02-14 01:44:49 PDT

Member Id: 1***e( 8 )     US $140,000.00
Jun-02-14 01:34:53 PDT

Member Id: 1***e( 8 )     US $125,000.00
Jun-02-14 01:33:58 PDT

Member Id: m***a( 0 )     US $102,000.00
Jun-01-14 23:25:19 PDT

Member Id: m***a( 0 )     US $101,400.00
Jun-01-14 23:24:56 PDT

Member Id: m***a( 0 )     US $101,200.00
Jun-01-14 23:24:30 PDT

Member Id: 1***e( 8 )     US $101,000.00
Jun-01-14 19:31:29 PDT

Member Id: s***h( 1 )     US $90,000.00
Jun-01-14 20:03:39 PDT

Member Id: s***h( 1 )     US $75,000.00
Jun-01-14 20:02:01 PDT

Member Id: s***h( 1 )     US $50,000.00
Jun-01-14 20:01:45 PDT

Member Id: s***h( 1 )     US $35,000.00
Jun-01-14 20:01:30 PDT

Member Id: s***h( 1 )     US $28,000.00
Jun-01-14 20:01:16 PDT

Member Id: i***2( 0 )     US $26,000.00
Jun-01-14 19:41:03 PDT

Member Id: i***2( 0 )     US $25,500.00
Jun-01-14 19:40:52 PDT

Member Id: i***2( 0 )     US $25,300.00
Jun-01-14 19:40:41 PDT

Member Id: i***2( 0 )     US $25,100.00
Jun-01-14 19:40:26 PDT

Starting Price            US $25,000.00
Jun-01-14 19:30:28 PDT

 

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Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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