Dear friend, do what I tell you; treasure my careful instructions. Do what I say and you’ll live well.
What are you willing to pay for a good life?
Each year, ebay.com is used to auction a nice lunch at the New York City steakhouse Smith & Wollenksy. In 2014, Andy Chua won the auction with a bid of $2.2 million. Chua and his seven guests enjoyed a nice meal with famed investor – the Oracle of Omaha – Warren Buffett. I am sure that the meal was fine and the conversation was enjoyable but why would anyone pay so much for a luncheon?
Mr. Chua’s generosity went to a good cause – the funds raised went to charity. But this luncheon was about something more than philanthropy – it was about connection. It was about connecting with a contemporary that is and will be a historical legend. Mr. Buffett’s homespun wisdom of investing is studied at all investment schools and seminars. He is the oracle of investing.
Once again, we need to take the opportunity that we have with the book of Proverbs seriously. Proverbs is a man writing wisdom to his son. This “life’s little instruction book” is the greatest compilation of wisdom ever gathered and it’s ours for the taking.
Shockingly, I meet men every week that don’t have an appetite for learning. I’m amazed at that kind of foolishness. In this life, there’s no free lunch.
There’s no free lunch.