I admire a lot of things about Warren Buffett, but I especially admire all the philanthropic work he does. One of the highest profile charitable things he regularly does is auction off a lunch with him.
In the past, I’ve seen people spend hundreds of thousands of dollars to lunch with Buffett
Last week, a Chinese hedge fund manager paid $2.1 million for the privilege. That is more than triple last year’s record of $650,100.
To me, what this really shows is how vigorously China has embraced capitalism.
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