Tuesday, November 02, 2010

The price of curry

The Oracle of Omaha, Warren Buffett, has been auctioning himself for lunch on e-Bay for 11 years now and donating the proceeds to charity. This year's lunch went for a record $2.63m. Now the Indian billionaire investor Rakesh Jhunjhunwala who runs the Mumbai based fund management company, Rare Enterprises, is following Buffett's example. The auction closed today and sold for $31,517 (1.4m rupees) to a stock market analyst in Gujarat, the proceeds going to the Children's Movement for Civic Awareness. Jhunjhunwala predicted in December 2008 that India would see "the mother of all bull runs in the next four to five years." The index has more than doubled since he said that. He looks as if he enjoys a good lunch...


Blogger Angus said...

Why does one find ones eyes being drawn to the display behind Mr.Jhunjhunwala ? Is that an orange eye directly behind him ?

12:13 pm  
Blogger Eurodog said...

At least he has "wala" in his name.

6:23 am  
Anonymous Anonymous said...

more popodoms please

6:47 am  
Blogger Winchester whisperer said...

Oh maybe, Angus!


Mango chutney, Anon?

9:37 am  
Blogger Ellee Seymour said...

That's very philanthropic.

6:19 pm  

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