This past Wednesday, hedge fund manager Zhao Danyang dined at Smith and Wollensky’s in Manhattan with Warren Buffett. Danyang paid $2.1 million for the opportunity to have lunch with his hero, over 3x more than it cost the 2007 winners. Proceeds from the lunch go to benefit the Glide Foundation.
This time last year two of my mentors, Guy Spier of Aquamarine Fund and Mohnish Pabrai of Pabrai Funds, along with their wives and Mohnish’s two daughters, sat down for lunch with Mr. Buffett. Below are two great interviews where each investor reflects on the time they spent with Warren. I find it interesting that their memories have little to do with investing, and instead focus on ‘general lessons for life’.
Betty Liu of Bloomberg Television interviews Guy Spier outside Smith and Wollensky.
For more on Guy and Mohnish’s experience see the article Guy wrote last year for Time Magazine: “My $650,100 Lunch with Warren Buffett”.
(For more on Mohnish Pabrai see my interview with Mr. Pabrai when I was a student at Columbia Business School.)