How much would you bid for a meal with investing legend Warren Buffett, chairman and CEO of Berkshire Hathaway (NYSE: BRK.A)? For the sixth time, you can again bid on the grand privilege of lunch with the Oracle of Omaha to benefit the poor and homeless of San Francisco. The Glide Foundation is to be the beneficiary of the auction proceeds. The sale will take place -- where else? -- on eBay.If I were to bid on this wonderful experience, I think my offer would top out at about $28.50. That's not because I don't think that lunch with Mr. Buffett would be a worthwhile investment of time and money, but because I believe that Warren respects fiscal responsibility.
I think Mr. Buffett would understand that $28.50 is about the most I'd pay for lunch with just about anybody. It's a simple matter of living within your means. Besides, this opportunity isn't about purchasing a photo op with a great man. It's about helping people in dire straights. I believe that's the one reason why Warren Buffett does this, he wants to raise awareness of the plight of the masses and to show them that someone really does care.
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