Final Result of the Warren Buffett Lunch Auction

The Warren Buffett Power Lunch Auction through eBay (EBAY) was completed last week. This was the auction to have lunch with Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), along seven friends. The auction was to benefit the GLIDE Foundation in San Francisco and its programs.

In case you missed it, the results are in. The lunch sold for $1,000,100.00, with 106 bids. Bidding started out at $25,000.

Unfortunately, this lunch didn't pull in as much as last year, when the auction was hammered at $3,456,789. What is interesting is that there were the same number of bids last year as there were this year.

As a matter of fact, the high bid this year didn't even come close to many of the previous years. In 2011, the Warren Buffett lunch went for $2,345,678, in 2010, the Buffett lunch sold for $2.6 million, and even in 2008, the lunch was auctioned off at $2 million.

Not sure why it is so low this year. Any thoughts?

Books By and About Warren Buffett

As a continuation of our series this month on Warren Buffett, the billionaire head of Berkshire Hathaway (BRK-A) (BRK-B), we are featuring a list of some of the top selling Warren Buffett books, some are written by him and some are about him.

by Buffett

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) Warren E. Buffett (Collaborator)

The Essays of Warren Buffett: Lessons for Corporate America, Third Edition Warren E. Buffett (Author) Lawrence A. Cunningham (Author, Editor)

Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition Warren E. Buffett (Foreword)

Los ensayos de Warren Buffett (Spanish Edition) Warren E. Buffett (Author)

about Buffett

Trade Like Warren Buffett

The Warren Buffett Way, Second Edition

The Snowball: Warren Buffett and the Business of Life

The Winning Investment Habits of Warren Buffett & George Soros

The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Investor

Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor

The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management

If you missed the article on the Warren Buffett lunch auction on eBay (EBAY), you should check it out.

By Stockerblog.com

How You Can Have Lunch with Warren Buffett

How would you like to have lunch with Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B)? Plus, you can bring seven of your friends along. Plus you get to pick Buffett's brain during the dinner, to get great investment advice. Well now you can.

An auction for this great opportunity will be held by eBay (EBAY), starting tomorrow. If you are the successful bidder, then Warren Buffett will host a lunch for you to benefit the GLIDE Foundation in San Francisco and its programs. The bidding begins June 2, 2013 at 7:30 pm PDT and close June 7, 2013 at 7:30 pm PDT. If you are the winning bidder, Warren Buffett will dine with you and up to seven friends at the Smith & Wollensky restaurant in New York City on a mutually agreed upon date.

All bidders must pre-qualify. The starting bid is $25,000. All of the proceeds from the winning bid will benefit GLIDE, one of the leading social service institutions working to alleviate human suffering and poverty in the San Francisco Bay Area.

One Letter Domain Names and the Companies that Own Them

There are not many one-letter domain names that are owned by companies, and most of the companies are publicly traded stocks.

These companies were lucky enough to register them before December 1, 1993 (or buy them from someone who registered them by that date), as the Internet Assigned Numbers Authority put a restriction on single character domains at that time.

o.co and o.info are both owned by Overstock.com (OSTK).

q.com is owned by CenturyLink (CTL). If you go to q.com, it takes you right to CenturyLink's web site.

x.com is owned by x.commerce, which is owned by eBay (EBAY). When you go to the x.com website, it takes you to the x.commerce website.

z.com is owned by Nissan North America Inc., which is owned by Nissan Motor (NSANY), which trades on NASDAQ. However, the website is currently inactive.

i.net is owned by Future Media Architects, a privately held company. The company also owns c.tv, h.tv, k.tv and n.tv along with several other dot tv domain names.

u.tv is owned by UTV Media (UTV.L), a broadcasting and New Media company based in Belfast in Northern Ireland. The company trades on the London Stock Exchange.

Stocks Reporting Earnings Tomorrow

The Bank of New York (BK)

Comerica Inc. (CMA)

eBay Inc. (EBAY)

Goldman Sachs (GS)

JPMorgan Chase & Co. (JPM)

Kinder Morgan (KMI)

U.S. Bancorp (USB)

$20 Million for Two Boxes of Hostess Twinkies

Someone listed $20 million for two boxes of Hostess Twinkies on eBay (EBAY)! (Thanks to Rachel Fox for finding this Twinkies news.) I guess union strikes and company shutdowns can generate a lot of news and end up creating new collectibles.

This listing closed on Black Friday, November 23, 2012, and had 51 offers. The sales price was technically $19,999,999.90. These were 13.5 ounce Golden Sponge Cake Cream Filling Cakes with ten Twinkies per box. One half the proceeds to be donated to the local children's hospital according to the listing.

Full Disclosure: Author of the article has never eaten a Twinkie and has no plans to do so in the near future.

One Letter Companies: Domain Names and Stock Ticker Symbols

Do you realize that there are only six one letter domains that are owned by companies, and five of the five companies are publicly traded?

These companies were lucky enough to register them before December 1, 1993 (or buy them from someone who registered them by that date), as the Internet Assigned Numbers Authority put a restriction on single character domains at that time.

o.co and o.info are both owned by Overstock.com (OSTK).

q.com is owned by CenturyLink (CTL). If you go to q.com, it takes you right to CenturyLink's web site.

x.com is owned by x.commerce, which is owned by eBay (EBAY). When you go to the x.com website, it takes you to the x.commerce website.

z.com is owned by Nissan North America Inc., which is owned by Nissan Motor (NSANY), which trades on NASDAQ. However, the website is currently inactive.

i.net is owned by Future Media Architects, a privately held company.

u.tv is owned by UTV Media (UTV.L), a broadcasting and New Media company based in Belfast in Northern Ireland. The company trades on the London Stock Exchange.

Want to know all the companies that have one letter stock ticker symbols? Here they are:

Agilent Technologies Inc. (A)

Barnes Group Inc. (B)

Citigroup, Inc. (C) formerly the symbol for Chrysler

Dominion Resources, Inc. (D)

Eni SpA (E)

Ford Motor Co. (F)

Genpact Ltd. (G) formerly the symbol for Gillette

Hyatt Hotels (H)

Kellogg Company (K)

Loews Corporation (L)

Macy's, Inc. (M)

NetSuite, Inc. (N)

Realty Income Corp. (O)

Pandora Media (P)

Ryder System, Inc. (R)

Sprint Nextel Corp. (S) formerly the symbol for Sears Roebuck

AT&T, Inc. (T)

Visa, Inc. (V)

United States Steel Corp. (X)

Alleghany Corp. (Y)

Zillow (Z) formerly the symbol for Woolworth, now known as Foot Locker (FL)

Before US Airways Group was delisted, it used to have the stock symbol U.

Stockerblog.com

Have Lunch with Warren Buffett for Only 50 Grand

Yes, that's right. The current eBay (EBAY) bid on the Warren Buffett Power Lunch for you and seven friends is only $50,200 (at the time this article is being written), with the next bid level at $50,300. That means for only $50,300, you could be the high bidder if no one else bids, the meeting with Buffett could be yours.

This is your chance to sit down to lunch with Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), and get his investing advice.  In the past, these auctions have had bidding in excess of a million dollars.

The auction will run from June 3 through June 8, closing at 7:30pm. Proceeds go towards the GLIDE Foundation in San Francisco. The starting bid will be $25,000 and you must pre-qualify for the auction.

For a free list of Warren Buffett stocks, go to WallStreetNewsNetwork.com