The 2016 annual charity lunch auction on eBay (Glide Foundation) for a lunch with Warren uffett received a winning bid of $3,456,789. This ties the previous record high set in 2012. The winning bidder’s name has not been revealed.
The winning bid this year is an arithmetic progression, as was last year’s winning bid of $2,345,678.
Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More