“In recent years, last-minute bidding has regularly pushed the price to record levels. Last year’s lunch for eight almost tripled in the final minute of bidding, closing at $3.46 million.
With bidding nearing the $1 million mark by mid-afternoon Friday, expectations ran high that the lunch with the Berkshire Hathaway Chairman and CEO could cross $4 million for the first time. But as the auction closed at just $1,000,100, some attending the invitation-only countdown party at Restaurant Lulu in San Francisco could be heard speculating that a glitch must have occurred.”

http://www.economicpolicyjournal.com/2013/06/price-of-lunch-with-warren-buffett.html

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