Berkshire Hathaway Chmn - Interview

LIZ CLAMAN, HOST: Cheryl, Warren and I were just sitting here talking about if we could amortize $2.1 million for the side dishes like the broccoli and the French fries.

Or what would it be?

WARREN BUFFETT, CHAIRMAN, BERKSHIRE HATHAWAY: Well, my normal meal costs about $5, so

CLAMAN: What a day. Today is the day that the last year`s winner, Zhao Danyang, was able to cash in. He paid $2.1 million. You know, they`ve asked previous winners, why did you spend so much money to have lunch with Warren Buffett? Some of them actually compared having lunch with you to having lunch with Galileo, Einstein, Gandhi.

You`re in pretty good company.

BUFFETT: Well, compared to a few others that you aren`t mentioning.

CLAMAN: $2.1 last year. In this economy, do you expect for the Glide Foundation, the charity that it benefits, to go for anywhere near that much?

BUFFETT: It`s sort of hard to imagine. On the other hand, they have had a number of bidders that have qualified and who, if they bid into seven figures, are good for it. So we will see what happens.