Investing

Warren Buffett auctioned off investing advice in 1999

Few people can say they’ve received stock advice straight from legendary investor Warren Buffett himself. But back in 1999, Buffett sold his 20-year-old wallet to the highest bidder for $210,000, with all proceeds going to Girls Inc., a charity that supports young girls in Omaha.

To sweeten the deal, he included the name of a “winning” stock inside the billfold, the Wall Street Journal reports.

The wallet’s enterprising new owner, John Morgan, had an idea to raise even more money for the charity. He spread word that he’d reveal Buffett’s advice for $1,000 a pop. It worked: About 30 people ponied up a grand each to hear Buffett’s pick.

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