Lunch with Buffett - a value investment of life

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Lunch With Warren Buffet 2011It takes millions of dollars to have lunch with legendary investor Warren Buffett and a bidder has snatched up the opportunity by agreeing to shell out $2.34 million in an online charity auction.

However, the highest bid this year was less than last year's record bid price of $2.62 million. The proceeds from the auction, conducted every year on online marketplace eBay, would be used for charity purposes. The auction proceeds will go to Glide Foundation , an institution that helps alleviate poverty in the San Francisco Bay Area.

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