Bidding is now underway for an opportunity to have lunch with Warren Buffett.
The charity auction began late last night on eBay with a starting bid of $25,000. Participants must be pre-qualified before bidding.
Current high bid, as of this (Monday) morning: $30,100.
The auction closes at 10p ET this coming Friday night, June 26.
We'll be watching to see if the winning bid tops last year's record $2.1 million, paid by Zhao Danyang of the Hong-Kong based Pure Heart China Growth Investment Fund.
Zhao collects his lunch this coming Wednesday in New York City. He says he is "looking forward" to the "chance of a lifetime."
Zhao's bid could be a tough target to reach. It was more than three times greater than the previous record of $650,100 paid the year before by value investor Mohnish Pabrai and a friend. (Pabrai told us afterwards the experience was "worth every penny.")
Most value investors would call the gains in recent years evidence of an overheated market for Buffett lunches.