I love eBay. I have bought a LOT of stuff on eBay. I have sold a LOT of stuff on eBay. I love the 'thrill of the hunt' and sniping something away from another poor schmuck in the last 7 seconds of an auction. I've gotten quite good at it.
But I was denied today. DENIED. But it all turned out well. I love when that happens!
I was bidding on a set of Berkshire Hathaway 2008 Shareholder Meeting tickets this afternoon... What's that? You're wondering why in the world would I want these? Well, my friend... Mr. Buffet (as in Warren, not Jimmy) throws quite the party bash for his shareholders. We are talking a weekend of pure capitalist fun in Omaha, including a cocktail reception Friday, a Baja Beach Bash on Saturday night (2007's bash included the other Mr. Buffet - Jimmy!), and exclusive shareholder shopping day on Sunday and a DAY-LONG Q&A period with Mr. B and his crew. I heard from someone who's been there that it's better than an MBA.
...which sounds like a blast to me. I know, I'm a weirdo.
So, if you own at least one share of BRK stock, you get two tickets for free. The problem? The stock is currently trading at $4387 per share. No, I didn't forget a decimal point. Four GRAND and change = Too rich for me.
Luckily, Mr. B is generous and gives away some tickets each year at a nominal fee.
Which leads us back to this afternoon. I had found the tickets on eBay and was bidding. There was not too much action on the auction, so I wasn't worried (first bad sign). I waited until about 30 seconds were left in the auction and jumped in at $20 for two tickets. I was the high bidder for about 3 seconds, then I wasn't. ARG! I showed my hand too early! I tried to quickly re-bid at $26, was denied, and the auction ended. The tickets sold for $30.
Damn! I had really counted on winning the tickets. So I looked at my "Sorry you're a big fat loser" email auto-generated by eBay, and looked for 'similiar auctions'.
Lo and behold, there it was! A link to tickets offered directly from BH. No auction required, just "Buy it Now" for $3. SCORE!
So I lost, but then I won and saved $27 in the process. I love a happy ending! Squee!