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Buffett Has $2.1 Million Lunch Date With Hedge-Fund Manager
By admin - Posted on June 28th, 2008
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A lunch date with billionaire investor Warren Buffett was sold to a Chinese hedge-fund manager yesterday for more than $2.1 million during an online auction, more than tripling last year's record of $650,100.
Zhao Danyang, who manages the Pureheart China Growth Investment Fund in Shenzhen, won the auction by bidding $2,110,100, said Denise Lamott, a spokeswoman for Glide Foundation. Glide, a San Francisco charity, will receive all proceeds from the auction.
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Hedge fund managers have won
Submitted by Dan, Hedge Fund Search Digest (not verified) on Tue, 07/01/2008 - 12:05.
Hedge fund managers have won the lunch in previous years, but not since Buffett made his long term bet against funds of hedge funds: see www.longbets.org.
