For 29-year-old Omahan Amish Gangar, financier Warren Buffett is a role model.
Gangar recently won the bid for a signed copy of “The Oracle & Omaha: How Warren Buffett and His Hometown Shaped Each Other,” a book by reporter Steve Jordon of The World-Herald.
Two copies of the book were auctioned off as a benefit for the newspaper’s Goodfellows charity. Alexander Chin, an investment analyst in Sydney, bought the other copy.
“I read the book already and I loved it,” said Gangar, a native of Mumbai, India, who has been in this country for 11 years and graduated from Iowa State University.
He said he wanted a signed copy, so he started bidding, “hoping the book wouldn’t go crazy high.” The price was a little steep, but it was worth it, he said.
He admires Buffett’s frugality and his passion for work and living.
“I’m basically in the process of shaping my life and looking at him,” said Gangar, who works in information technology at Gallup.
He also was pleased that the money was going to a good cause. He said he and his wife, Nishi Turakhia, had been discussing how to help others when the temperatures plummeted in recent days, tossing around ideas like donating blankets to homeless people.
Then he learned about the auction, researched Goodfellows and learned that the fund helps the people they wanted to help. Turakhia supported his continued bidding for the book.
Every penny raised for Goodfellows goes directly to the people in need. The World-Herald pays all administrative costs.
Gangar said he’s looking forward to seeing what Buffett signs in the book. Even though it’s the holidays, this is one purchase that won’t be a gift.
“I definitely want to keep it,” he said.