Worthwhile Charity of Buffett

By - Philip Harman

Worthwhile Charity of Buffett

The auction of having charity lunch with investment guru Warren Buffett set a world record of 2.11 million U.S. dollars, which surprised the world’s richest man. Baffet has said recently that time to have luch with him would not be extended because of the high price. However, it seems that the ones who have ever bid high price to gain the opportunity never feels it a waste of money. The person who spent 650,000 US dollars on the lunch says that to communicate with the famous investor, every cent costed is worthy. Compare with the last year`s transaction price for dining with the [Stock Wizard”, this amount is three times more and is setting the highest bid of eBay charity auction record. [This (amount) surprised me,” Buffett told the Associated Press on 1st.What is Popular Now? Surly GHD Hair Straighteners !

With the increase of lunch price, the time do not seem to extend, in this way, why do more and more people want to take part in ? Last year, CEO of America Aquamarine Capital Management Co.Ltd., Guy Spier got his wish to have lunch with Buffet. After that, he explained personally that such a close piligrimage to listen to the investment guru was worthy.GHD Straighteners Most Optimum Buys in August

While having dialogue, Spier asked his doubt on every specific issue, and Buffett always inspired him by showing a simple and philosophical viewpoint.

Attention! a Wide Array of Admirable GHD Straighteners on Sale During the lunch, Buffet often mentioned his life and his concept of dealing with matters. For example, from childhood his father taught him to judge by himself instead of by others’ opinions. [It is very important to live with your inner standard.” Spier quoted from Buffett. If you would like to find out whether you act in accordance with this principle, you just ask yourself a simple question: Are you willing to be the best lover around the world, while the worst to yourself? Or are you willing to be the best lover to yourself, while the worst in the world? When these ideas are applied to the investment, Buffett has done extraordinary excellent: have complete trust in ourselves, to invest in the “scope of our ability”, and cooperate with the people who have the same values.

At the end of 1990s, net economy develops fast, Buffet suffered a lot because he didn’t invest in that field, but he insisted on it. When the foam turned out, people who were calm down in the hot invest begin to understand Buffet. “What kind of better example can you pursue?” Spier wrote in the [Time” magazine, [Two days after we had lunch together, the transaction price for having next year`s lunch opportunity had been sold out as 2.1 million U.S. dollars. The fact proved that our 65 million U.S. dollars was definitely a cheaper price.

On the same day when the comment launched on the charity lunch, Buffett also visited the restaurant brand D & Q owned by the Berkshire Hathaway company, while he enjoyed the latest ice cream and chatted with 6 local girls at the same time. He told these girls, who were in high schools or collages, that they should read more books before they entering the investment fields. [It would be much better you could invest on some kinds of study and research.” he said. When the kids asked the world’s richest man that how to manage their pockets in college. Buffett replied that if they can, they should minimize the use of credit cards, because the current interest rate is high, students are easy to fall into credit debt. “If I had borrowed money since 18 or 20 years old, I could have been broke.” said Baffet.

Inspired by his dead wife Susan, Buffett began to auction the opportunity to have lunch with him since 2000 who has the reputation of “stock god”, and he donated all the money to the Glide Foundation in San Francisco to help people of poverty, hunger and homelessness. The auction had been held in San Francisco, but moved to ebay in two thousand and three.