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Buffett EBay Auction Was Won by Canadian Firm

July 9, 2009
by Geoffrey Fowler
Reporter, The Wall Street Journal

Geoffrey Fowler

When Warren Buffett auctioned off lunch with himself for charity last month, the winning bidder remained anonymous.

It turns out that the person who spent $1,680,300 for lunch with the investment guru wasn’t a person at all: it was Canadian wealth-management firm Salida Capital. It went public about its purchase Wednesday.

Courtenay Wolfe, Salida’s CEO, said that she and a handful of other employees will all share the lunch, which the firm’s partners paid for.

“We think we will be able to gain invaluable insights from his years of experience and current insights and perspectives,” she said. “We think lunch with Warren is going to be a once in a lifetime experience.”

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