Geoffrey Fowler, Reporter, The Wall Street Journal

Bidding for Buffett Heats Up on eBay

June 25, 2009 at 2:58 pm PT

Even in a recession, lunch with Warren Buffett turns out to be a hot commodity.

The investment guru and CEO of Berkshire Hathaway has an annual ritual of auctioning a steak lunch with himself on eBay (EBAY) to raise money for San Francisco’s Glide Foundation. Last year’s winning auction tally of $2.1 million broke all previous records.

Despite many predictions that a lunch with Buffett isn’t worth nearly as much during a recession, the folks at Glide say the pace of this year’s auction is way ahead of last year.

Read the rest of this post on the original site

Tagged with: auction, Berkshire Hathaway, Digits, eBay, economy, frontpage, Geoffrey Fowler, Glide Foundation, politics, The Wall Street Journal, Warren Buffett

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