In the early morning of June 4, Justin Sun posted on Weibo to announce that he had successfully won the Warren Buffett 20th Anniversary Charity Luncheon with a record-breaking US$4,567,888 (equivalent to RMB 31.53 million). Justin Sun said that he has always been a long-term believer in Buffett's value investment philosophy, and hopes to invite well-known people in the blockchain industry to communicate with Buffett, so as to enhance the understanding and friendship between top traditional investors and digital currencies, and truly benefit the entire industry.
Buffett's lunch auction activity started in 2000, and all the proceeds were donated to American charities to help the poor and homeless in the San Francisco area. The winning bidder can invite up to 7 friends, and they can talk about any topic. As long as they dare to ask, Buffett will accompany him to the end. The only thing that is not discussed is the next investment plan. In addition, there is a new rule in 2009 that "don't talk about individual stocks, don't talk about the stock market." According to public information, in the past 19 years, three Chinese people have had the opportunity to have lunch with Buffett, namely Duan Yongping, the founder of BBK Group, Zhao Danyang, a famous Chinese investor known as the "Godfather of Private Equity", and Tianshen Entertainment Company (002354). Chairman Zhu Ye.
According to Buffett's lunch rules, Buffett, who said no to Bitcoin, may also have lunch with seven other people in the currency circle. Buffett responded, "I'm glad Justin won the lunch and look forward to meeting him and his friends."
As we all know, Buffett has repeatedly expressed his attitude towards cryptocurrencies in public, calling it "rat poison", saying that Bitcoin is "a gambling thing" and "a lot of fraud is related to it." despite this,Justin Sunin a telephone interview, "In the investment world, it's very common for people to change their minds. Investment opportunities are best when many people underestimate a technology."
Justin Sun saidexist
existAn open letter to the community, Sun Yuchen expressed his belief that this lunch together is of great significance to the entire blockchain industry and will be an important step in the development history of the blockchain industry. He expressed the firm belief that with proper understanding and communication, Buffett will shift his general stance on cryptocurrencies and blockchain and incorporate this new investment strategy into his portfolio. Sun Yuchen also stated in the letter that even though Buffett is one of the most successful investors in history, he sometimes misses the upcoming wave. Buffett has admitted that he did not realize the potential of companies such as Amazon, Google's parent company and even Apple. The blockchain industry has a lot of evidence to show that there are companies in this industry that Buffett believes have long-term competitive advantages.
If it is really as Sun Yuchen thinks, will this be an important step in the blockchain industry? Under the microblog where it announced the information, there are more ridicules from netizens. In addition, Xiao Lei, a financial columnist, posted on Weibo that this would be a big negative.
Xiao Lei said on Weibo, Sun Yuchen’s $4.56 million bid for Buffett’s lunch should be a big negative for the cryptocurrency industry, because both the official and the media will be vigilant against this kind of information. From the perspective of industry history, it will become a historical mark of industry madness. For Sun personally, in addition to showing off his wealth and exposure, it may be difficult to obtain substantive things, because Buffett will certainly not debate with Sun on his views on cryptocurrencies, so it is impossible to talk about his contribution to the industry. Sun Lailai, who claims to be a disciple of Ma Yun, suggested that Ma Yun should be invited to dinner this time. The effect may be better, at least the exposure rate will explode again, but I don’t think Ma Yun will go. I wonder how Sun will promote this dinner in the future? He will say, I changed Buffett's view? Or is it a new title: Buffett's new disciple, will Jack Ma be jealous?
Hoo.comFounder Wang Ruixi posted on Moments that "Justin Sun's Buffett marketing has attracted enough attention", but "it is not good for the growth of the industry", and he also said that "Mr.
On the other hand, which seven people will participate in the luncheon with Sun Yuchen has attracted attention. It is said that Binance CEO Zhao Changpeng has been invited.
Anthony Pompliano, co-founder, Morgan Creek Digitaltweeted, If I were to pick a team to go to Buffett for lunch and convince him of the future potential of Bitcoin, there must be Changpeng Zhao in this team. In response to this, Changpeng Zhao replied: "Justin Sun has already invited me, but it is too far away for me to go there, but I strongly recommend inviting Anthony Pompliano, the co-founder of Morgan Creek Digital.
Sun Yuchen, the founder of TRON, has many labels: "Post-90s Entrepreneurial Leader", Jack Ma "Disciple", "Jia Yueting in the Currency Circle"... His background can be described as rich, and he is especially good at public relations.
Bidding to have lunch with Buffett is also a good opportunity for publicity and a great opportunity to build a personal brand. The bidding for Buffett's lunch was also considered by the outside world to be binding himself with Buffett. According to reports around the world, "Buffett has become Sun Yuchen's public relations tool."
The news of having lunch with Buffett this time has been reported since June 1, and it was finally confirmed after three days of fermentation. On June 1, Justin Sun posted on Weibo that TRX had more discussions than BTC in 24 hours on Twitter, and after confirming the success of the auction, it was followed by overwhelming reports. It is not a successful public relations.
Unexpectedly, Tron's token TRX did not rise but fell after the news was released. CurrentlyHuobi Quote0.033 USDT, an intraday drop of 8.75%.
I am Odaily reporter Wu Suixin (WeChat ID wsuixin12), please note your name, unit, title and reason when adding friends.
