Buffett lunch: Investment firm set for $1.7M meal with Omaha's Oracle

Buffett lunch: Investment firm set for $1.7M meal with Omaha's Oracle
The Canadian investment firm that paid $1.68 million last year to win lunch with billionaire investor Warren Buffett is about to collect its prize.
APR 05, 2010
The Canadian investment firm that paid $1.68 million last year to win lunch with billionaire investor Warren Buffett is about to collect its prize. The proceeds from Buffett's annual charity lunch auctions benefit the Glide Foundation, which provides social services to San Francisco's homeless and poor. Buffett plans to dine with Salida Capital officials on Monday at the Smith and Wollensky restaurant in New York. Salida Capital paid less than the previous year's winner who plunked down $2.1 million to meet with Buffett. Buffett, who is Berkshire Hathaway's chairman and CEO, is renowned for his investing success. But Buffett is also known for his plan to gradually give most of his roughly $46 billion fortune to five foundations over time.

Latest News

'Bogged down' advisors just want to have fun (again)
'Bogged down' advisors just want to have fun (again)

Jim Cahn, of Wealth Enhancement Group, lifts the lid on his firm's partnership model, his views on RIA M&A, and the widely slept-on reason why advisors are merging into larger organizations.

Vestwell unveils new emergency savings account offering
Vestwell unveils new emergency savings account offering

The fintech firm is cementing its status in the workplace savings space with its latest ESA offering, which employers can integrate into their existing benefits package.

'Money Mimosas' and other ways to show your Valentine financial love
'Money Mimosas' and other ways to show your Valentine financial love

Wealth managers offer unique ideas for couples to grow closer emotionally and financially.

Limra research finds financial confidence on the rise among Black American workers
Limra research finds financial confidence on the rise among Black American workers

Survey findings suggest increased sense of financial security and more optimistic 2025 outlook, while highlighting employers' role in ensuring retirement readiness.

DOGE efforts sideswipe muni bonds backed by federal lease payments
DOGE efforts sideswipe muni bonds backed by federal lease payments

Falling prices for some securities within the $4 trillion state and local government debt market spotlight how the push to shrink spending is sending shockwaves across the US.

SPONSORED Record growth: Interval funds emerge as key players in alternative investments

Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies

SPONSORED Taylor Matthews on what's behind Farther's rapid growth

From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.