Investing legend Warren Buffett, the founder of Berkshire Hathaway, is on CNBC with Becky Quick. We're live blogging what the "Oracle of Omaha" is saying following today's charity lunch at Smith & Wollensky he auctioned off on eBay to benefit the Glide Foundation in San Francisco. To date, he has raised $15.6 million with his annual lunch auction. The conversation began with today's Coke news. Buffett said that he abstained from today's shareholder vote on Coca-Cola's executive equity compensation plan.
NEW YORK (Reuters) - A bidder is offering to pay $1,500,100 for a steak lunch with the billionaire investor Warren Buffett, driving the top bid more than $500,000 higher in seven minutes as the annual charity auction on eBay Inc's website heads into the homestretch.