Another Buffett Lunch

It's always amazing to me how much people pay for lunch with Buffett given that he is very transparent about the causes of past investment failures and successes.

Yet, perhaps due to tax write-offs, really liking the work Glide is doing in the community, or advertising for one's own fund (in a way that is sure to at least have some tangible result), people continue to pay millions for a lunch with the Oracle of Omaha.

This year's lunch was purchased for $2.11 million by Zhao Danyang. You can read some excerpts about what was said at the meeting here.

The one thing in the whole piece that I found interesting was what the manager of Pureheart Asset Management didn't share--Buffett's view on the USD--and in particular why he kept that a secret: it is too controversial.