We ate at Warren Buffett's favorite New York City steakhouse that people pay millions of dollars to dine at - here's what it was like

When Warren Buffett visits New York City, he has one go-to restaurant: Smith & Wollensky.

Every year, people bid millions of dollars for a meal with Buffett at the famed steakhouse. This July, a bidder agreed to pay $2.68 million to a San Francisco charity for a lunch for seven with the Berkshire Hathaway CEO.

We don't have millions of dollars to spend on a meal with Buffett. But, we were able to make a reservation at Smith & Wollensky ourselves.

So, in an effort to eat like the famous investor, five Business Insider reports headed to Smith & Wollensky and told the staff to give us the Warren Buffet treatment.

Here's exactly how much the experience is actually worth.