Within hours of opening, the bid is now above $1mm...
[3]
Since it opened, the bidding has accelerated...
[4]
We assume Dan Loeb is not bidding...
“I love reading Warren Buffett’s letters and I love contrasting his words with his actions,” he began. Lest anyone think it was a put-down, he quickly added, “He’s a very wise guy.”
But wise or not, Mr. Loeb had a few critical things to say about Mr. Buffett. “I love how he criticizes hedge funds, yet he had the first hedge fund,” Mr. Loeb said. “He criticizes activists, he was the first activist. He criticizes financial services companies, yet he loves to invest in them. He thinks that we should all pay taxes, yet he avoids them himself.”
To this, the audience erupted in laughter.
* * *
Want to bid yourself, here is the link to the Ebay auction... [5]