Sunday, June 26, 2005

Buffett lunch auction bid on eBay hits $250K

Jonathan Stempel writes for Reuters:

The high bid in an online auction for lunch with billionaire investor Warren Buffett has reached $250,100, matching a record set in 2003.

The leading bidder is Mohnish Pabrai, managing partner of Pabrai Investment Funds in Lake Forest, California.

His bid, placed late Saturday, topped a $250,000 bid by last year's winner, Singapore resident Jason Choo. The auction on eBay Inc. began on Thursday and closes on June 30 at 10 p.m. EDT.


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