Every year, some very rich person pays multiple millions at auction to buy a private lunch with Berkshire Hathaway Inc's Warren Buffett. This year, the anonymous winning bidder paid $2.68 million. Crazy, right? Those who missed out on the chance to dine with the Oracle of Omaha likely comforted themselves with the thought that such a lunch is just a wretched excess—it couldn't actually be worth $2.7 million.
Or could it?
A rather creative Deutsche Bank report (PDF) argues that the meal could be a great long-term investment—even for the hoi polloi who watch the annual bidding as entertainment.
It's quite simple when