May 20, 2009

Warren Buffett not spending his money on fabulous meals

Michael Lewis, in a very positive review of a Warren Buffett biography by Alice Schroeder, includes this little about Warren Buffett’s eating habits:

He confines himself to the diet of an eight-year-old, refusing to eat anything much beyond spaghetti, hamburgers, and grilled cheese sandwiches. Schroeder describes a bizarre scene in which Katherine Graham escorted Buffett to dinner at the Manhattan apartment of Sony Chairman Akio Morita. Japanese chefs served plate after plate that Buffett left completely untouched. “By the end of fifteen courses, he still had not eaten a bite,” writes Schroeder. “The Moritas could not have been more polite, which added to his humiliation. He was desperate to escape back to Kay’s apartment, where popcorn and peanuts and strawberry ice cream awaited him. ‘It was the worst,’ he says about the meal he did not eat. ‘I’ve had others like it but it was by far the worst. I will never eat Japanese food again.’” Buffett ate what he needed to eat to remain alive–and learned what he needed to learn to invest shrewdly.

You know sometimes people play the whole “If you had an unlimited amount of money, what would you do with it?” game? Buffett, a man with pretty much unlimited amounts of wealth, decided the answer to that question was to stay in Omaha and eat grilled cheese.

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This is my blog. It's not much but it's my home. The blog's been around since May 2006 (Archives).