Re: Is there anyone living you would pay $16k to eat lunch with?
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L4TV,
That is not how investing works. That ".1% aha nugget" is just as likely to come from watching some imbecile like Jim Cramer on TV for an hour as it is to come from Buffett. In fact, for the educated investor, it's probably more likely to come from some moron than from Buffett.
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"That's not how investing works" - Thanks coach. I'm not Buffett but I'm not a two year old.
I'm not talking about a hot tip. I only used the .1% (I was off by a factor of 10, i'm surprised you didn't notice) to make the point that it wouldn't take much additional insight to make the conversation worthwhile for someone with enough money, especially when you consider that whatever you learn can be applied for many years, not just one. Insight into the process, not a special valuation trick. An hour or two is not a long time, but it's not a short time either, for a one-on-one.
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