Is this real?
Is it just me? $2.1M for a lunch? Don’t get me wrong. I would also like to have lunch with Warren Buffett. I think everyone who has read financial news or thought about their savings or investments recognize the legendary Warren Buffett. But, to pay $2.1M for a lunch, it seems to me is not a wise investment. Is this a hoax? Maybe, perpetuated by a Chinese hacker somewhere using the name of Mr. Zhao Danyang? I don’t really get it. Why would an investment manager shell out that amount? Will he get a return on his investment on this one? Maybe, he can get Warren Buffett to autograph some stuff that he can later on sell or auction them. Collectively, they may fetch a higher price than the $2.1M he paid. Maybe, he’s got a business in China that he’d like Warren Buffett to buy or invest in. If this is the case, he could have just phoned Warren and talk to him for a meeting. Maybe, he’s just awashed with cash. Probably.
I wish Mr. Zhao Danyang the best lunch ever. At $2.1M, he deserve a 
lunch buffet with Buffett . I just hope that Mr. Danyang gave a bigger donation for the victims of the recent Chinese earthquake. If it is just me, I would have rather donated that cash to the earthquake victims rather than buying lunch for somebody else.
About Pure Heart (Taken from their website)
Pure Heart Asset Management Co., Ltd is an investment management company which provide in investment management and advisory services. Pure Heart begin professionally managing investment in Hong Kong during 2001 and 2002, when it was entrusted to manage the clients ‘ assets and has achieved over 60% net return annually for clients during the depressed market at that time. In cooperation with Guotai Junan (HK) on Jan 2003, we launched the “Pure Heart China Growth Investment Fund”, with mandate to invest in China concept securities listed in Hong Kong and overseas.
Zhao Danyang, are you using chopsticks or spoon and fork?
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I find it a big waste of money. If I were him, I’d rather visit Warren at his office in Omaha. Pitch some possible investment and go from there.
I would rather see him give those money to victims of the China Earthquake.
Warren Buffett is probably his idol. Paying $2.1 million is probably peanuts for him. I’m sure he can recoup that quickly.
What? 2.1M for lunch? That’s a lot of dimsum in a Chinese restaurant. What is he thinking?
What do you care? It’s his money. He can do however he please.
FYI: The money paid for this lunch does NOT go to Mr. Buffett. If all goes to charity, the Glide Foundation. So he is really giving to charity and getting a lunch with Buffett in addition to that. Many people donate to charity and don’t get such a benefit.
@Michael - I know its his money. Just blogging my thoughts.
@Mariya - Yes. I understand but if he’s Chinese and his country just had a major disaster. I think it is more prudent that he give the money to a Chinese charity. I just hope he gave a bigger amount to the earthquake victims. Well, he probably might have.
