Bidding for Buffett Heats Up on eBay

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.

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