Subject: Re: Warren Buffett lunch auction
I bought the second and third Glide lunches ever. 23k and 25k. Everyone that knew me thought I was INSANE to pay that much for lunch. When I did it again the next yer people were genuinely concerned about my mental health. When we showed up the second year the first thing Warren said was "you guys spent all that money again?!"
The following year it was put on eBay and brought over 700k.
I sent Warren a letter saying that despite our enjoyment of the past two years, as deep value investors we need to pass this time.