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What would you pay to have lunch with the richest man in the world? For me and Mohnish Pabrai - a friend who, like me, runs a U.S.-based investment fund - the answer is $650,100. That's how much we forked out for the privilege of dining with Warren Buffett on June...

Author: /time Magazine | Title: My $650,100 Lunch with Warren Buffett | 6/30/2008 | See Source »

...dime. Buffett is the most successful investor in history, yet he has reached that pinnacle while also being supremely ethical. As remarkable for his philanthropy as for his stock-picking, he's giving the bulk of his billions to the Bill & Melinda Gates Foundation; likewise, the fee for our lunch would go to the Glide Foundation, which helps the poor and homeless. Lunch with Buffett, we figured, would be a good way to give to charity, but it would also be the ultimate capitalist master class - a chance to see up close what makes the Sage of Omaha tick...

Author: /time Magazine | Title: My $650,100 Lunch with Warren Buffett | 6/30/2008 | See Source »

...that my wife and I sat down for lunch with Buffett in a cozy, wood-paneled alcove of the Manhattan steakhouse Smith & Wollensky. Mohnish brought along his wife and two daughters, who sat on either side of Buffett. When the menus arrived, Buffett, now 77 years old, joked with the girls that he doesn't eat anything he wouldn't touch when he was less than 5. His order: a medium-rare steak with hash browns and a cherry coke - a fitting choice, given that his company, Berkshire Hathaway, is Coca-Cola's largest shareholder...

Author: /time Magazine | Title: My $650,100 Lunch with Warren Buffett | 6/30/2008 | See Source »

...still don't feel that it's breakfast. (After all, McDonald's slaps that exact same chicken patty on a roll with pickles and sells it at lunch as the Southern Style Chicken Sandwich.) I need to be eased into my day with something comfortingly soft or sweet. And breakfast meats of any kind gross me out. But if everyone else is eating sausage and bacon, I am not going to judge people for a fried-chicken biscuit. They are pioneers. Thirsty pioneers, no doubt, but pioneers...

Author: /time Magazine | Title: Chicken for Breakfast | 6/26/2008 | See Source »

...remember where you were on the morning of 9/11, but you have no recollection of what you had for lunch last Thursday. One of life's great mysteries is why certain experiences get lodged immovably in our memory, while others are forgotten. Fortunately, recent advances in neuroscience have helped spur major breakthroughs in scientists' understanding of the nature of memory. To explain, TIME asked Matt Wilson, a professor of neurobiology at MIT's Picower Institute for Learning and Memory...

Author: /time Magazine | Title: Why Do We Remember Bad Things? | 6/23/2008 | See Source »

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